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Adveritas Limited ( (AU:AV1) ) has shared an announcement.
Adveritas Limited has announced the issuance of 1,400,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code AV1. This strategic move is expected to strengthen the company’s market position and provide additional capital for its operations, potentially benefiting stakeholders by enhancing the company’s financial stability and growth prospects.
The most recent analyst rating on (AU:AV1) stock is a Buy with a A$0.20 price target. To see the full list of analyst forecasts on Adveritas Limited stock, see the AU:AV1 Stock Forecast page.
More about Adveritas Limited
Adveritas Limited operates in the technology industry, focusing on providing innovative solutions for digital advertising. The company is known for its advanced software products that enhance advertising effectiveness and efficiency, catering to a diverse market of advertisers and digital marketers.
YTD Price Performance: 83.33%
Average Trading Volume: 780,553
Technical Sentiment Signal: Buy
Current Market Cap: A$152.3M
Learn more about AV1 stock on TipRanks’ Stock Analysis page.