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Amaero Ltd Issues New Shares, Reinforcing Market Position

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Amaero Ltd Issues New Shares, Reinforcing Market Position

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An update from Amaero International Ltd ( (AU:3DA) ) is now available.

Amaero Ltd announced the issuance of 89,390 fully paid ordinary shares following the exercise of unlisted options. This move, conducted without the need for disclosure to investors, aligns with the provisions of the Corporations Act. The announcement underscores Amaero’s compliance with relevant legal requirements, potentially strengthening its market position and offering reassurance to stakeholders about its operational transparency.

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 an ASX and OTC-listed company headquartered in Tennessee, U.S., specializing in the production of high-value refractory and titanium alloy spherical powders for additive and advanced manufacturing. These components are used in defense, space, aviation, industrial, and medical industries. The company is noted for its expertise in gas atomization technology and PM-HIP manufacturing, which aids in addressing supply chain challenges for large-scale castings and forgings.

Average Trading Volume: 1,144,224

Technical Sentiment Signal: Buy

Current Market Cap: A$395.9M

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

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