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The latest update is out from Flexiroam Ltd ( (AU:FRX) ).
Flexiroam Limited has announced a $3.928 million non-renounceable entitlement offer to raise funds for loan repayment and working capital. The offer allows eligible shareholders to purchase new shares at $0.005 each, with the opportunity to apply for additional shares not initially subscribed. This initiative aims to strengthen Flexiroam’s position in the eSIM travel market and support its growth strategies.
More about Flexiroam Ltd
Flexiroam Limited is a global provider of connectivity and data solutions, specializing in the eSIM travel market. The company focuses on innovation, customer acquisition, and expanding its market reach to explore new opportunities and unlock growth in both existing and emerging markets.
YTD Price Performance: 0%
Average Trading Volume: 508,560
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$7.86M
For a thorough assessment of FRX stock, go to TipRanks’ Stock Analysis page.