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Alice Queen Plans Large Option Issue to Expand Capital Base

Story Highlights
  • Alice Queen Limited has lodged an Appendix 3B for a new placement-type issue of securities with the ASX.
  • The company plans to issue up to 83,081,000 options expiring 30 June 2028, expanding its capital base and potential funding flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Alice Queen Plans Large Option Issue to Expand Capital Base

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Alice Queen Ltd. ( (AU:AQX) ) has shared an update.

Alice Queen Limited has notified the ASX of its intention to undertake a new securities issue via a placement or similar mechanism, as outlined in an Appendix 3B filing. The company plans to issue up to 83,081,000 options, each expiring on 30 June 2028, with a proposed issue date of 30 January 2026, a move that will expand its capital structure and potentially provide additional funding flexibility for future activities, though it may also dilute existing shareholders depending on subsequent option exercise.

The most recent analyst rating on (AU:AQX) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Alice Queen Ltd. stock, see the AU:AQX Stock Forecast page.

More about Alice Queen Ltd.

Technical Sentiment Signal: Sell

Current Market Cap: A$7.53M

Find detailed analytics on AQX stock on TipRanks’ Stock Analysis page.

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