The latest announcement is out from Forbidden Foods Ltd ( (AU:FFF) ).
Forbidden Foods Limited has responded to an ASX price query regarding the recent increase in its share price and trading volume. The company stated that it is not aware of any undisclosed information that could explain the trading activity. It highlighted a recent successful capital raising of $1 million and noted strong support from a major shareholder. The company confirmed its compliance with ASX listing rules and that its board has authorized the responses.
More about Forbidden Foods Ltd
Forbidden Foods Limited operates in the food industry, focusing on providing innovative and sustainable food products. The company is known for its diverse range of specialty foods and has a market focus on expanding its product offerings and market reach.
Average Trading Volume: 1,651,108
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$3.56M
Learn more about FFF stock on TipRanks’ Stock Analysis page.