tiprankstipranks
Shekel Brainweigh Announces ASX Delisting Plan
Company Announcements

Shekel Brainweigh Announces ASX Delisting Plan

Story Highlights

Invest with Confidence:

Shekel Brainweigh Ltd. ( (AU:SBW) ) has shared an announcement.

Shekel Brainweigh Ltd announced its approved plan to delist from the Australian Securities Exchange (ASX), with the suspension of shares set for 6 February 2025 and complete removal from the list expected by 11 February 2025. Shareholders have the option to sell their shares on the ASX before delisting; otherwise, shares will be converted to the Israeli register for off-market transactions, impacting shareholder options and potentially affecting market dynamics.

More about Shekel Brainweigh Ltd.

Shekel Brainweigh is a global leader in scale and weighing technology, serving the retail and healthcare markets with solutions that enhance operational efficiency and consumer experience. Its products are known for incorporating artificial intelligence, and the company collaborates with major global firms like G.E Healthcare and Toshiba.

YTD Price Performance: -4.17%

Average Trading Volume: 333,797

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$5.25M

For detailed information about SBW stock, go to TipRanks’ Stock Analysis page.

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App