The latest update is out from Propell Holdings Ltd. ( (AU:PHL) ).
Propell Holdings Limited announced the results of its Small Shareholding Sale Facility, allowing shareholders with holdings valued under $500 to sell without brokerage costs. A total of 3,190,073 shares will be sold, with shareholders receiving the last traded price of $0.009 per share. This initiative reflects Propell’s commitment to streamline shareholder processes and potentially enhance market liquidity.
More about Propell Holdings Ltd.
Propell Holdings Limited (ASX:PHL) is Australia’s first all-in-one finance platform for SMEs, offering faster, easier, and simpler digital lending solutions. The company aims to revolutionize financial management for small businesses by providing insights and access to finance tools, including payments and lending, to help them grow. Propell’s digital platform, launched in mid-2020, leverages AI to enhance cashflow and financial wellbeing for SMEs, addressing the needs of a market dissatisfied with traditional banking solutions.
Average Trading Volume: 442,412
Technical Sentiment Signal: Sell
Current Market Cap: A$2.51M
See more data about PHL stock on TipRanks’ Stock Analysis page.