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An update from Amaero International Ltd ( (AU:3DA) ) is now available.
Amaero International Limited has issued 600,000 fully paid ordinary shares following the exercise of employee share options under its Employee Incentive Scheme. This issuance was conducted without disclosure to investors under the Corporations Act, and the company has complied with all relevant legal provisions. The announcement signifies a strategic move to enhance employee engagement and aligns with the company’s operational goals, potentially impacting its market positioning positively.
More about Amaero International Ltd
Amaero International Limited (ASX:3DA) is a U.S.-based company specializing in the production of high-value C103, refractory alloy, and titanium powders for additive and advanced manufacturing. Their products are primarily used in the defense, space, and aviation industries. The company is known for its expertise in gas atomization and PM-HIP manufacturing, which helps address supply chain challenges for large-scale castings and forgings.
YTD Price Performance: 10.0%
Average Trading Volume: 538,755
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$188.2M
For a thorough assessment of 3DA stock, go to TipRanks’ Stock Analysis page.