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Askari Metals Limited ( (AU:AS2) ) has provided an announcement.
Askari Metals Limited (ASX: AS2) has applied to the ASX for quotation of 24,291,787 ordinary fully paid shares and two tranches of options (each 24,291,787) expiring in December 2028, all issued in December 2025 as part of a previously announced transaction. The application increases the company’s issued capital and public float, which may improve market liquidity while creating potential dilution for existing shareholders; the outstanding options, if exercised before their 2028 expiries, could also provide the company with additional capital and will be a material factor for stakeholders and future capital structure considerations.
The most recent analyst rating on (AU:AS2) stock is a Hold with a A$0.01 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
Average Trading Volume: 2,152,341
Technical Sentiment Signal: Sell
Current Market Cap: A$6.77M
For detailed information about AS2 stock, go to TipRanks’ Stock Analysis page.