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An announcement from Xref Ltd ( (AU:XF1) ) is now available.
Xref Limited has announced a Share Purchase Plan (SPP) allowing eligible shareholders to purchase up to $30,000 worth of new shares at a price of $0.13 per share, representing a discount to recent trading prices. The SPP, capped at $1 million, is part of a broader capital raising strategy, including a recent $3.63 million placement to EPI Capital Pty Ltd. The funds raised will be used to reduce net debt and restructure operations for improved efficiency.
More about Xref Ltd
Xref Limited is a company listed on the Australian Securities Exchange (ASX:XF1) that operates in the HR technology industry. The company provides services related to reference checking and other HR solutions, focusing on improving operational efficiency and cash flow management.
YTD Price Performance: -38.64%
Average Trading Volume: 1,119,327
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$29.69M
For detailed information about XF1 stock, go to TipRanks’ Stock Analysis page.