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Spectur Ltd. ( (AU:SP3) ) has issued an update.
Spectur Limited announced the issuance of 76,666,667 fully paid ordinary shares as part of a share placement, which will be exempt from disclosure requirements under the Corporations Act 2001. This strategic move is expected to enhance Spectur’s financial position, potentially impacting its operations and market standing positively by providing additional capital for growth and expansion initiatives.
More about Spectur Ltd.
Spectur Limited (ASX:SP3) is an Australian-based company specializing in the development and manufacturing of security, surveillance, warning, environmental monitoring, and AI solutions. Their products are powered by solar, IoT, camera, and cloud-based technology, catering to industries such as government, utilities, and construction. The company operates across Australia and New Zealand, serving over 600 customers with approximately 3,000 deployed camera systems.
Average Trading Volume: 764,396
Technical Sentiment Signal: Buy
Current Market Cap: A$10.77M
See more insights into SP3 stock on TipRanks’ Stock Analysis page.