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Amaero International Ltd ( (AU:3DA) ) has provided an update.
Amaero Ltd announced the issuance of 184,375 fully paid ordinary shares following the exercise of unlisted options, raising $44,250 in consideration. This move reflects the company’s compliance with relevant provisions of the Corporations Act, with no excluded information reported. The issuance of shares without disclosure underlines Amaero’s strategic financial maneuvers to enhance its market presence 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 (ASX:3DA, OTC:AMROF) is a U.S.-based company specializing in the production of high-value refractory and titanium alloy spherical powders. These are used in additive and advanced manufacturing for sectors such as defense, space, aviation, industrial, and medical industries. The company is known for its advanced gas atomization technology and PM-HIP manufacturing, which addresses supply chain challenges for large-scale castings and forgings.
Average Trading Volume: 588,294
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$283.3M
For a thorough assessment of 3DA stock, go to TipRanks’ Stock Analysis page.