Spectur Ltd. (AU:SP3) has released an update.
Spectur Ltd has launched an Entitlement Offer for its shareholders, with the offer period running from May 13 to May 31, 2024. Investors will have the opportunity to purchase additional shares at a discounted rate and receive free options, using the funds raised to fuel the company’s sales growth and restructuring efforts. The company also reports a significant 54% year-on-year sales increase for Q4, highlighting a strong sales performance with numerous medium-sized contracts and a promising $12m opportunity pipeline.
For further insights into AU:SP3 stock, check out TipRanks’ Stock Analysis page.
