Datametrex Announces Share Consolidation
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Datametrex AI Limited announced a proposed consolidation of its common shares on a 1-for-30 basis, pending regulatory approval. This move was approved by shareholders in November 2024.
February 06, 2025 | 3:00 pm
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Datametrex AI Limited is consolidating its shares on a 1-for-30 basis, which could impact its stock liquidity and price. The consolidation is pending regulatory approval.
The share consolidation will reduce the number of shares outstanding, which can lead to a higher stock price per share but may also reduce liquidity. The impact on the stock price will depend on market perception and the company's future performance.
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