Avenira Limited (AU:AEV) has released an update.
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Avenira Limited has confirmed that the significant price and volume changes in its securities are due to undisclosed information about a capital raising initiative with a prospective investor. The company has adhered to ASX Listing Rules by requesting a trading halt until they can make a simultaneous announcement with the counterparty listed on a foreign exchange. A full announcement is expected after the close of trade on 26 July 2024.
For further insights into AU:AEV stock, check out TipRanks’ Stock Analysis page.