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Adherium Ltd. ( (AU:ADR) ) has provided an announcement.
Adherium Ltd. has applied to the ASX for quotation of 22,371,011 new fully paid ordinary shares under its ticker ADR. The application, lodged on March 20, 2026 via an Appendix 2A, follows securities issued as part of previously announced transactions, expanding the volume of shares available for trading.
The additional quoted securities increase Adherium’s free float and could enhance liquidity in its stock on the ASX. The move formalizes prior capital-raising or transaction activity and may signal ongoing efforts to strengthen the company’s balance sheet and broaden its investor base.
The most recent analyst rating on (AU:ADR) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Adherium Ltd. stock, see the AU:ADR Stock Forecast page.
More about Adherium Ltd.
Adherium Ltd. is an Australian-listed company on the ASX under the code ADR. The filing does not describe its industry or products, and no additional operational or market-focus details are provided in the document.
Technical Sentiment Signal: Sell
Current Market Cap: A$13.03M
For a thorough assessment of ADR stock, go to TipRanks’ Stock Analysis page.