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Camplify Holdings Ltd. ( (AU:CHL) ) has provided an update.
Camplify Holdings Ltd announced the issuance of 10,453,093 fully paid ordinary shares to JB Group Tech Pty Ltd without disclosure under Part 6D.2 of the Corporations Act. This strategic move is part of the company’s ongoing compliance with relevant legal provisions and aims to enhance its operational capabilities, potentially impacting its market positioning and stakeholder interests positively.
The most recent analyst rating on (AU:CHL) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Camplify Holdings Ltd. stock, see the AU:CHL Stock Forecast page.
More about Camplify Holdings Ltd.
Camplify Holdings Limited (ASX:CHL) operates in the outdoor experience industry, providing innovative and scalable tech solutions. It manages a peer-to-peer digital marketplace platform that connects recreational vehicle (RV) owners with hirers. The company operates in Australia, New Zealand, Spain, the UK, Germany, Austria, and the Netherlands, offering seamless and transparent travel experiences.
Average Trading Volume: 128,938
Technical Sentiment Signal: Sell
Current Market Cap: A$24.04M
See more insights into CHL stock on TipRanks’ Stock Analysis page.