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Yojee Ltd. ( (AU:YOJ) ) has issued an announcement.
Yojee Limited has issued 250,000 fully paid ordinary shares following the exercise of vested performance rights. This move, conducted without disclosure under Part 6D.2 of the Corporations Act, reflects the company’s compliance with relevant legal provisions and its strategic approach to enhancing shareholder value. The issuance is expected to impact the company’s operations by potentially increasing its capital base, thereby supporting its growth initiatives in the logistics technology sector.
The most recent analyst rating on (AU:YOJ) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Yojee Ltd. stock, see the AU:YOJ Stock Forecast page.
More about Yojee Ltd.
Yojee Limited is a leading logistics technology company that focuses on simplifying freight operations through digital innovation. Their platform allows logistics providers to consolidate complex supply chain networks into a single, intuitive system, enabling efficient movement of air, ocean, and road freight. By centralizing operations and optimizing workflows, Yojee aims to enhance performance, reduce inefficiencies, and drive growth in the logistics industry.
Average Trading Volume: 303,462
Technical Sentiment Signal: Hold
Current Market Cap: A$130.1M
For a thorough assessment of YOJ stock, go to TipRanks’ Stock Analysis page.