Immuron Limited ( (AU:IMC) ) has issued an announcement.
Immuron Limited has announced a new issuance of 179,664 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to enhance its capital structure and potentially improve its market position, signaling a proactive approach to leveraging financial instruments for growth.
More about Immuron Limited
Immuron Limited operates in the biotechnology industry, focusing on the development and commercialization of oral immunotherapeutic products for the treatment of gut-mediated diseases.
YTD Price Performance: -40.0%
Average Trading Volume: 31,579
Technical Sentiment Signal: Strong Buy
Current Market Cap: €7.83M
Find detailed analytics on IMC stock on TipRanks’ Stock Analysis page.