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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) ) just unveiled an announcement.

Amaero Ltd announced the issuance of 333,236 fully paid ordinary shares following the exercise of unlisted options. This issuance was conducted without disclosure to investors, in compliance with relevant sections of the Corporations Act. The move reflects the company’s ongoing adherence to regulatory requirements, potentially impacting its market operations by expanding its share base.

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 (ASX:3DA, OTC:AMROF) is a U.S.-based company 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 sectors. Amaero is recognized for its expertise in gas atomization technology and PM-HIP manufacturing, which aids in alleviating supply chain issues for large-scale castings and forgings.

Average Trading Volume: 1,045,985

Technical Sentiment Signal: Buy

Current Market Cap: A$360.8M

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

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