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Openn Negotiation Ltd Completes DOCA and Explores Strategic Options Amid Trading Suspension

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Openn Negotiation Ltd Completes DOCA and Explores Strategic Options Amid Trading Suspension

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Openn Negotiation Limited ( (AU:OPN) ) just unveiled an update.

Openn Negotiation Limited has completed its Deed of Company Arrangement, transferring control to a new board of directors, and is exploring strategic options such as recapitalization. The company’s shares remain suspended from trading on the ASX since May 2024, and it is receiving interest-free loans from its major shareholder to support working capital needs.

More about Openn Negotiation Limited

Openn Negotiation Limited operates in the real estate industry, focusing on providing innovative property sales platforms. The company is known for its digital negotiation technology, which aims to streamline the property transaction process.

Technical Sentiment Signal: Buy

For a thorough assessment of OPN stock, go to TipRanks’ Stock Analysis page.

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