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The latest update is out from AnteoTech Ltd ( (AU:ADO) ).
AnteoTech has issued 245.7 million new shares and 138.2 million listed options under its 27 January placement, with the securities released without a prospectus under section 708A and accompanied by confirmation of ongoing Corporations Act compliance and absence of excluded information; the cleansing notice clears the way for secondary trading, signalling continued execution of the company’s capital-raising plans to support its advanced materials strategy.
The most recent analyst rating on (AU:ADO) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on AnteoTech Ltd stock, see the AU:ADO Stock Forecast page.
More about AnteoTech Ltd
AnteoTech Ltd supplies advanced material solutions for the global battery materials and life sciences markets via its proprietary binding chemistry platform, offering products such as Anteo X, Anteo S, Ultranode, and the AnteoBind suite to improve battery performance and point‑of‑care diagnostics.
Average Trading Volume: 1,936,326
Technical Sentiment Signal: Hold
Current Market Cap: A$40.91M
Learn more about ADO stock on TipRanks’ Stock Analysis page.