Linc Ltd., a major small-cap player in the printing and stationery industry, has made a significant announcement regarding its equity structure.
The article from Goodreturns discusses the upcoming corporate actions by Aurionpro Solutions, a small-cap IT company, which includes a 1:1 bonus issue and a 2:1 stock split, with the record date set for December 20, 2023. Aurionpro has shown significant growth, with its stock price increasing by 177% over five years, and it has recently secured a major contract worth $10 million. The company's financial health is robust, evidenced by a 66% year-on-year revenue increase in the first half of FY24 and a 54% rise in net profit. Despite these positive developments, the article advises caution due to the stock's high valuation, suggesting that while the bonus and split could make the stock more accessible, potential investors should consider the company's high price-to-earnings ratio and the inherent risks of small-cap investments.
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