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Generation Development Group Announces Proposed Issue of Securities

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Generation Development Group Announces Proposed Issue of Securities

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Generation Development Group Limited ( (AU:GDG) ) has issued an announcement.

Generation Development Group Limited has announced a proposed issue of 18,085,217 ordinary fully paid securities, scheduled for February 18, 2025. This move is expected to enhance the company’s capital base, potentially impacting its financial position and market strategy positively, while also signaling a growth opportunity to stakeholders.

More about Generation Development Group Limited

Generation Development Group Limited operates in the financial services industry, focusing on investment and development services. The company is known for providing financial products and services designed to cater to various market needs.

YTD Price Performance: 27.88%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €844.8M

Find detailed analytics on GDG stock on TipRanks’ Stock Analysis page.

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