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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 issued an update.

Amaero Ltd announced the issuance of 13,787,028 fully paid ordinary shares following the exercise of unlisted options, as per Section 708A(5)(e) of the Corporations Act. This move signifies compliance with relevant provisions of the Corporations Act and indicates no excluded information, potentially impacting the company’s market operations and stakeholder interests.

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. These components are used in industries such as defense, space, aviation, industrial, and medical. The company is recognized for its expertise in gas atomization technology and PM-HIP manufacturing, which addresses supply chain challenges for large-scale castings and forgings.

Average Trading Volume: 1,090,319

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$326.5M

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

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