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Amaero Ltd Issues New Shares Following Option Exercise

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Amaero Ltd Issues New Shares Following Option Exercise

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

Amaero Ltd has issued 223,959 fully paid ordinary shares following the exercise of unlisted options, raising $53,750.16. This move, conducted without disclosure to investors under the Corporations Act, signifies compliance with relevant legal provisions and indicates no excluded information, potentially enhancing the company’s financial position and operational capabilities.

The most recent analyst rating on (AU:3DA) stock is a Buy with a A$0.60 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

Amaero Ltd is a U.S.-based company listed on ASX and OTC, specializing in the production of high-value refractory and titanium alloy spherical powders for additive and advanced manufacturing. The company serves industries such as defense, space, aviation, industrial, and medical, utilizing advanced gas atomization technology and PM-HIP manufacturing to produce large, near-net-shape powder parts with forged-equivalent properties.

Average Trading Volume: 531,267

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$252M

Learn more about 3DA stock on TipRanks’ Stock Analysis page.

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