Alterra Limited (AU:1AG) has released an update.
Alterra Limited has successfully completed post-harvest activities and infrastructure development in its orchards, focusing on sustainable agribusiness practices. The company has delayed Stage 4 planting to the following year for strategic reasons but has made significant progress on Dam 1 construction. Additionally, Alterra raised $308K through a share entitlement offer and bought back shares post-quarter, with a healthy cash position of $711K as of March 31, 2024.
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