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ADX Energy ( (AU:ADX) ) has issued an announcement.
ADX Energy Ltd has applied to the Australian Securities Exchange for quotation of 4,615,384 new fully paid ordinary shares, expanding its listed equity base. The issuance, which follows a previously announced transaction, modestly increases the company’s share count and provides additional tradable stock for investors, signaling ongoing capital markets activity that may support future corporate or operational initiatives.
The most recent analyst rating on (AU:ADX) stock is a Sell 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
Average Trading Volume: 1,577,364
Technical Sentiment Signal: Sell
Current Market Cap: A$20.18M
For an in-depth examination of ADX stock, go to TipRanks’ Overview page.