Cosol Limited ( (AU:COS) ) has shared an update.
COSOL Limited announced the release of 2,538,844 fully paid ordinary shares from voluntary escrow, originally issued as part of the acquisition of Core Asset Co Pty Ltd. The release will not affect COSOL’s issued capital as these shares are already quoted on the ASX. This move reflects COSOL’s strategic growth and acquisition activities since its ASX listing in 2020, contributing to its profitable growth and strong operating cash flows.
More about Cosol Limited
COSOL is a global provider of technology-enabled asset management solutions aimed at optimizing operational performance in asset-intensive industries such as natural resources, energy and water utilities, public infrastructure, and defense. The company offers advice, operational expertise, and business optimization outcomes to help clients achieve economic and sustainable improvements in their operations and supply chains. COSOL delivers an Asset Management as a Service capability, providing a complete outsourced solution for asset management operations.
YTD Price Performance: -24.52%
Average Trading Volume: 178,955
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$142.9M
For an in-depth examination of COS stock, go to TipRanks’ Stock Analysis page.