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ZIMI Ltd ( (AU:ZMM) ) just unveiled an update.
ZIMI Ltd announced the issuance of 15,449,999 fully paid ordinary securities, which are set to be quoted on the ASX. This move is part of a previously announced transaction, potentially impacting the company’s market presence and providing additional capital for its operations and strategic initiatives.
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 Ltd is a company involved in the technology sector, focusing on the development and distribution of smart home and IoT (Internet of Things) solutions. The company aims to enhance connectivity and automation in residential and commercial environments, catering to a growing market demand for smart technology integration.
Average Trading Volume: 1,714,783
Technical Sentiment Signal: Sell
Current Market Cap: A$5.18M
For detailed information about ZMM stock, go to TipRanks’ Stock Analysis page.