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The latest update is out from Wiseway Group Ltd. ( (AU:WWG) ).
Wiseway Group Limited has announced the issuance of 947,831 fully paid ordinary shares without disclosure to investors under the Corporations Act. The company confirms compliance with relevant provisions of the Corporations Act and states there is no excluded information at the date of the notice. This move reflects Wiseway’s strategic efforts to strengthen its financial position and enhance its operational capabilities, potentially impacting its market presence and stakeholder interests positively.
The most recent analyst rating on (AU:WWG) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Wiseway Group Ltd. stock, see the AU:WWG Stock Forecast page.
More about Wiseway Group Ltd.
Wiseway Group Limited is a leading provider of integrated logistics solutions, with a global network of strategically located warehouses and facilities, and a large modern fleet of trucks, aircraft, and delivery vehicles. Established in 2005 to serve the growing Australia-Asia Pacific trade industry, Wiseway has become one of the top three outbound air freight logistics providers in Australia, offering specialist cross-border logistics services including air freight, sea freight, import, domestic transportation, warehousing, and customs clearance.
Average Trading Volume: 37,996
Technical Sentiment Signal: Buy
Current Market Cap: A$46.98M
For a thorough assessment of WWG stock, go to TipRanks’ Stock Analysis page.