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The latest update is out from 1414 Degrees Ltd. ( (AU:14D) ).
1414 Degrees Ltd announced the issuance of 2,500,000 fully paid ordinary shares, complying with relevant provisions of the Corporations Act. This move underscores the company’s commitment to advancing its decarbonisation technologies and enhancing its industry position, potentially leading to significant implications for stakeholders and reinforcing its role in sustainable energy solutions.
More about 1414 Degrees Ltd.
1414 Degrees Ltd is a leader in industrial decarbonisation with innovative silicon-based solutions that align energy supply with demand, promoting renewable energy adoption. Their key technologies include SiBrick® for thermal energy storage, SiBox® for high-temperature heat in industrial processes, and SiPHyR™, a methane pyrolysis reactor for low-emission hydrogen production. The company has showcased its capabilities through successful pilot projects and owns the Aurora Energy Project in South Australia, aimed at delivering reliable renewable electricity.
YTD Price Performance: -23.33%
Average Trading Volume: 217,087
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$6.5M
For a thorough assessment of 14D stock, go to TipRanks’ Stock Analysis page.
