Conico Limited (AU:CNJ) has released an update.
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Conico Limited has announced a new issuance of 173,340,000 fully paid ordinary shares, with the shares allocated to directors and RM Corporate Finance Pty Ltd as a settlement of fees. This move is expected to enhance liquidity and financial flexibility for the company, potentially influencing investor interest and market dynamics.
For further insights into AU:CNJ stock, check out TipRanks’ Stock Analysis page.
