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The latest update is out from ZIMI Ltd ( (AU:ZMM) ).
Zimi Limited has announced the issuance of various securities, including ordinary shares and performance rights, as part of its strategic operations. This issuance reflects the company’s ongoing efforts to align with market demands and enhance its financial structure, potentially impacting its market positioning and stakeholder interests positively as it continues to explore global expansion opportunities.
The most recent analyst rating on (AU:ZMM) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on ZIMI Ltd stock, see the AU:ZMM Stock Forecast page.
More about ZIMI Ltd
Zimi Limited (ASX: ZMM) is an Australian technology company that specializes in innovative IoT electrical devices aimed at creating smarter living and working environments. The company’s product lines, such as Powermesh and Senoa, include smart switches, light dimmers, power points, fan controllers, and garage door controllers. Zimi operates within the smart home space, collaborating with tech giants to enhance smart home connectivity and is positioned for growth in the expanding IoT market.
Average Trading Volume: 1,714,783
Technical Sentiment Signal: Sell
Current Market Cap: A$5.18M
See more data about ZMM stock on TipRanks’ Stock Analysis page.