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An announcement from Airtasker Ltd ( (AU:ART) ) is now available.
Airtasker Limited has issued 31,666,667 new fully paid ordinary shares at $0.30 each to institutional and sophisticated investors, as part of a placement announced earlier. This move, conducted without disclosure under Part 6D.2 of the Corporations Act, aligns with Airtasker’s compliance with regular reporting and disclosure obligations, and signifies a strategic step to bolster its financial position, potentially enhancing its market presence and operational capabilities.
The most recent analyst rating on (AU:ART) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Airtasker Ltd stock, see the AU:ART Stock Forecast page.
More about Airtasker Ltd
Airtasker Limited (ASX:ART) is Australia’s leading online marketplace for local services, connecting people and businesses who need work done with those who want to work. The company aims to empower individuals by creating flexible work opportunities and has significantly impacted the future of work. Since its launch in 2012, Airtasker Taskers have completed over 5 million tasks globally, contributing more than $720 million to Australian Taskers’ earnings. In 2025, Airtasker expanded its reach by partnering with the Visa Cash App Racing Bulls Formula One™ Team.
Average Trading Volume: 261,098
Technical Sentiment Signal: Sell
Current Market Cap: A$141.1M
See more insights into ART stock on TipRanks’ Stock Analysis page.