Business
Etherstack (ASX:ESK) shares halted as capital raising announced
There’s been no movement in the Etherstack PLC (ASX: ESK) share price today after the company announced a trading halt this morning. Etherstack shares were trading at 64 cents prior to the halt, which was requested by the company pending a further announcement regarding a “material capital raising”.
The Etherstack share price has performed well this year, gaining a huge 220% in year-to-date trading.
What Etherstack does
Etherstack is a wireless technology company that specialises in developing, manufacturing and licensing mission-critical radio technologies. The company primarily works with wireless equipment manufacturers and network operators around the globe, including the likes of Samsung Electronics and Cisco Systems…
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