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Yowie Group Ltd Announces Proposed Securities Issue

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The latest announcement is out from Yowie Group ( (AU:YOW) ).

Yowie Group Ltd has announced a proposed issue of 34,405,185 ordinary fully paid securities. This move is intended to raise capital, potentially enhancing the company’s market position and operational capacity. The issuance is subject to ASX approval and will be quoted on a deferred settlement basis, indicating a strategic step to bolster financial resources and stakeholder value.

More about Yowie Group

Yowie Group Ltd operates in the consumer goods industry, focusing on the production and distribution of confectionery products. The company is known for its chocolate products that incorporate collectible toys, appealing to both children and collectors.

YTD Price Performance: -44.00%

Average Trading Volume: 25,816

Technical Sentiment Signal: Sell

Current Market Cap: A$3.21M

Find detailed analytics on YOW stock on TipRanks’ Stock Analysis page.

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