An update from Carbonxt Group Ltd. ( (AU:CG1) ) is now available.
Carbonxt Group Ltd. announced a proposed securities issue involving the offer of 16,666,666 ordinary fully paid securities under a securities purchase plan, with a record date of February 14, 2025, and an issue date of March 20, 2025. This move aims to raise capital for the company, potentially enhancing its operations and market positioning by enabling further investment in its environmental technologies.
More about Carbonxt Group Ltd.
Carbonxt Group Ltd. operates within the environmental technology sector, specializing in the development and supply of activated carbon products aimed at reducing emissions and pollutants in industrial applications. The company focuses on providing innovative solutions for air and water purification, catering to industries such as power generation and wastewater treatment.
YTD Price Performance: -12.86%
Average Trading Volume: 176,698
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$23.7M
For detailed information about CG1 stock, go to TipRanks’ Stock Analysis page.
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