EXCLUSIVE: Gaucho Group Tells Benzinga Co. Announces Its Intention To List Two Of Its Argentine Retail Properties For Sale Priced At USD $2,000,000 and $700,000
Portfolio Pulse from Benzinga Newsdesk
Gaucho Group has announced its intention to list two of its Argentine retail properties for sale, priced at USD $2,000,000 and $700,000. The company is listed on the US stock exchange under the ticker symbol VINO.
October 04, 2023 | 12:00 pm
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POSITIVE IMPACT
Gaucho Group's announcement to sell two of its Argentine properties could potentially increase its liquidity, which may have a positive impact on its stock price.
The sale of these properties could increase Gaucho Group's cash reserves, which could be used for further investments or to improve the company's financial health. This could make the company more attractive to investors, potentially leading to an increase in the stock price.
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