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Centrex Limited ( (AU:CXM) ) has shared an announcement.
Centrex Limited has announced an update on its $10.4 million Entitlement Offer, with the opening date set for 28 January 2025 and closing on 19 February 2025. The company plans to lodge the prospectus on 21 January 2025 and has provided an indicative timetable for the offer. This move is part of Centrex’s strategy to strengthen its financial position and advance its development projects, potentially impacting stakeholders by enhancing the company’s market positioning and operational capabilities in the sustainable agriculture sector.
More about Centrex Limited
Centrex Limited is focused on securing Australasia’s agricultural future by exploring and developing its Ardmore Phosphate Project and Oxley Potash Project, which are vital for global food production and nutrition. The company is strategically positioned near important energy and transport infrastructure to access established agricultural markets, and it is also engaged in copper-gold-base metal exploration in New South Wales.
YTD Price Performance: 0%
Average Trading Volume: 1,096,100
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$14.74M
Find detailed analytics on CXM stock on TipRanks’ Stock Analysis page.
