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The latest announcement is out from Askari Metals Limited ( (AU:AS2) ).
Askari Metals Limited has lodged an application with the ASX for the quotation of 1,333,334 new ordinary fully paid shares, issued on 29 January 2026. The shares arise pursuant to a deed of variation relating to redeemable notes held by an investor, indicating a conversion or restructuring of existing noteholder interests into equity, which will modestly expand the company’s quoted share capital and adjust its capital structure in favour of ordinary equity holders.
The most recent analyst rating on (AU:AS2) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Askari Metals Limited stock, see the AU:AS2 Stock Forecast page.
More about Askari Metals Limited
Askari Metals Limited, listed on the ASX under the code AS2, is an Australian company whose ordinary fully paid shares are quoted on the Australian Securities Exchange. The company operates within the listed securities framework of the ASX and issues equity securities in accordance with ASX Listing Rules.
Average Trading Volume: 2,692,480
Technical Sentiment Signal: Hold
Current Market Cap: A$11.54M
Find detailed analytics on AS2 stock on TipRanks’ Stock Analysis page.