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Wrkr Ltd ( (AU:WRK) ) has issued an update.
Wrkr Ltd has confirmed that shareholders have now approved a proposed issue of securities, satisfying a key condition precedent for the planned capital raising or placement. With this approval in place, the company can proceed with the securities issuance as previously outlined, removing a major procedural hurdle and potentially strengthening its capital position once the placement or other issue is completed.
The most recent analyst rating on (AU:WRK) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on Wrkr Ltd stock, see the AU:WRK Stock Forecast page.
More about Wrkr Ltd
Average Trading Volume: 1,106,002
Technical Sentiment Signal: Buy
Current Market Cap: A$304M
See more insights into WRK stock on TipRanks’ Stock Analysis page.