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3D Energi Seeks ASX Quotation for 1.8 Million New Shares

Story Highlights
  • 3D Energi has lodged an application to quote 1,818,182 new fully paid ordinary shares on the ASX.
  • The additional shares stem from an earlier announced transaction, modestly expanding the company’s quoted capital base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
3D Energi Seeks ASX Quotation for 1.8 Million New Shares

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3D Oil Limited ( (AU:TDO) ) has provided an announcement.

3D Energi Limited has applied to the ASX for quotation of 1,818,182 new fully paid ordinary shares under its existing issuer code TDO. The issuance, tied to a previously announced transaction, modestly increases the company’s quoted share capital and may provide additional funding flexibility, though the release offers limited detail on the strategic use of proceeds or operational impact.

More about 3D Oil Limited

Average Trading Volume: 1,632,115

Technical Sentiment Signal: Buy

Current Market Cap: A$60.73M

For detailed information about TDO stock, go to TipRanks’ Stock Analysis page.

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