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AnteoTech Ltd ( (AU:ADO) ) has issued an update.
AnteoTech Ltd has announced a proposed placement or similar issue of up to 245,699,993 ordinary fully paid shares and 245,699,992 options, comprising 122,849,996 new unlisted options with a 3.5 cent exercise price expiring 31 January 2028 and 122,849,996 options expiring 31 May 2026. The issue, scheduled for 3 February 2026, represents a significant capital-raising and balance sheet initiative that will expand the company’s securities on issue, with potential dilution for existing shareholders but added optionality and future funding flexibility for the company as it pursues its strategic and operational objectives.
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, listed on the ASX under the code ADO, operates in the technology sector and issues ordinary fully paid shares and listed options as part of its capital management activities. The company’s securities structure includes various classes of options and ordinary equity, reflecting an active use of equity markets to fund its operations and growth initiatives.
Average Trading Volume: 1,455,241
Technical Sentiment Signal: Buy
Current Market Cap: A$57.28M
For a thorough assessment of ADO stock, go to TipRanks’ Stock Analysis page.