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Amaero International Ltd ( (AU:3DA) ) has issued an update.
Amaero Ltd announced the issuance of 746,021 fully paid ordinary shares following the exercise of unlisted options, in compliance with the Corporations Act. This move reflects the company’s ongoing efforts to enhance its capital structure and support its operations in the additive manufacturing sector, potentially strengthening its market position and providing value to stakeholders.
The most recent analyst rating on (AU:3DA) stock is a Sell with a A$0.23 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. Their products are used in various industries, including defense, space, aviation, industrial, and medical sectors. The company is recognized for its expertise in gas atomization technology and PM-HIP manufacturing, which supports the domestic supply chain for large-scale castings and forgings.
Average Trading Volume: 1,294,346
Technical Sentiment Signal: Sell
Current Market Cap: A$230M
See more insights into 3DA stock on TipRanks’ Stock Analysis page.