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ADX Energy ( (AU:ADX) ) has shared an announcement.
ADX Energy has applied to the ASX for quotation of 162,962,963 new ordinary fully paid shares, to be issued on 20 March 2026. The move, lodged as an Appendix 2A, reflects the conversion of previously announced transactions into quoted equity, expanding the company’s listed share base and potentially providing additional capital and liquidity for its operations and investors.
The most recent analyst rating on (AU:ADX) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on ADX Energy stock, see the AU:ADX Stock Forecast page.
More about ADX Energy
ADX Energy Ltd is an energy company listed on the ASX under the code ADX. The company is involved in the exploration and production of energy resources, operating within the broader oil and gas and energy sector, and raising capital via equity securities on the Australian market.
Average Trading Volume: 2,071,399
Technical Sentiment Signal: Sell
Current Market Cap: A$23.4M
For an in-depth examination of ADX stock, go to TipRanks’ Overview page.