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Shekel Brainweigh Ltd. ( (AU:SBW) ) has issued an update.
Shekel Brainweigh Ltd held an Extraordinary General Meeting on January 7, 2025, where a resolution regarding the company’s removal from the official ASX list was carried with overwhelming support. The approval indicates a strategic shift for Shekel, potentially impacting its market positioning and stakeholder interests as it navigates future opportunities outside the ASX framework.
More about Shekel Brainweigh Ltd.
Shekel Brainweigh Ltd is a global leader in the development of scale and weighing technology, primarily serving the retail and healthcare markets. The company partners with major global players like G.E Healthcare, Toshiba, and Fujitsu to provide innovative weighing solutions. Shekel’s Retail Innovation suite addresses modern retail challenges such as store automation and inventory management, while its patented Product Aware Technology integrates AI to enhance these offerings. The company sells its products with a one-time unit sale model coupled with an ongoing SAAS fee, and is focused on global market expansion.
YTD Price Performance: -4.17%
Average Trading Volume: 333,797
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$5.25M
See more insights into SBW stock on TipRanks’ Stock Analysis page.