Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from X2M Connect Limited ( (AU:X2M) ) is now available.
X2M Connect Limited has issued fully paid ordinary shares and options without disclosure to investors, in compliance with the Corporations Act. This move is part of their strategy to enhance their market presence and operational capabilities in the utilities sector, particularly in the Asia-Pacific region, while also expanding into the Middle East.
More about X2M Connect Limited
X2M Connect Limited is an Australian technology company specializing in Internet of Things (IoT) solutions for the utilities sector. Their technology connects devices such as water, gas, and electricity meters to the internet, enabling data exchange and remote control. The company generates revenue through hardware sales and Software as a Service subscriptions, with a focus on the Asia-Pacific region and plans for global expansion.
Average Trading Volume: 212,766
Technical Sentiment Signal: Hold
Current Market Cap: A$11.65M
For an in-depth examination of X2M stock, go to TipRanks’ Overview page.