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ADX Energy ( (AU:ADX) ) has provided an update.
ADX Energy Ltd has applied for quotation on the ASX of 511,575 new ordinary fully paid shares, with an issue date of 4 February 2026. The newly issued securities form part of transactions previously announced via an Appendix 3B, indicating the company is continuing to execute on earlier capital or corporate initiatives that may support its ongoing projects and financial flexibility, with implications for existing shareholders through a modest expansion of the company’s share base.
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 Australian-listed energy company focused on the exploration and development of oil and gas assets. The company is listed on the ASX under the ticker ADX and raises capital through the issuance of ordinary fully paid shares to support its operational and transactional activities in the energy sector.
Average Trading Volume: 1,909,184
Technical Sentiment Signal: Sell
Current Market Cap: A$23.21M
For an in-depth examination of ADX stock, go to TipRanks’ Overview page.