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An update from Ashley Services Group Ltd. ( (AU:ASH) ) is now available.
Ashley Services Group Limited has announced a proposed issue of up to 2,000,000 new fully paid ordinary shares under a placement or similar capital-raising structure, with the issue scheduled for 7 January 2026. The move signals an intention to bolster the company’s capital base, which may support future operational or strategic initiatives and could lead to dilution for existing shareholders depending on pricing and allocation, although further details on use of proceeds were not disclosed in the announcement.
The most recent analyst rating on (AU:ASH) stock is a Buy with a A$0.23 price target. To see the full list of analyst forecasts on Ashley Services Group Ltd. stock, see the AU:ASH Stock Forecast page.
More about Ashley Services Group Ltd.
Average Trading Volume: 87,164
Technical Sentiment Signal: Hold
Current Market Cap: A$30.23M
Find detailed analytics on ASH stock on TipRanks’ Stock Analysis page.