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Amaero International Ltd Corrects Share Quotation Discrepancy

Story Highlights
  • Amaero International Ltd updated its securities quotation application due to an error.
  • The company corrected a share issuance discrepancy, ensuring transparency with stakeholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Amaero International Ltd Corrects Share Quotation Discrepancy

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Amaero International Ltd ( (AU:3DA) ) has issued an announcement.

Amaero International Ltd, a company listed on the ASX under the issuer code 3DA, recently updated its application for the quotation of securities. The update was necessary due to an administrative error by the share registry, which led to a discrepancy between the number of shares applied for quotation and the number actually issued. Originally, the company applied for the quotation of 746,021 fully paid ordinary shares upon the cashless exercise of unquoted options, but only 193,413 shares were issued. This correction is crucial for maintaining accurate records and ensuring transparency with stakeholders.

The most recent analyst rating on (AU:3DA) stock is a Hold with a A$0.24 price target. To see the full list of analyst forecasts on Amaero International Ltd stock, see the AU:3DA Stock Forecast page.

More about Amaero International Ltd

Average Trading Volume: 1,286,825

Technical Sentiment Signal: Sell

Current Market Cap: A$239.6M

See more insights into 3DA stock on TipRanks’ Stock Analysis page.

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