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Askari Metals Limited ( (AU:AS2) ) has shared an announcement.
Askari Metals Limited has announced the quotation of new securities on the Australian Securities Exchange (ASX). The company is issuing 115,451,472 options expiring on December 31, 2028, and the same number of ordinary fully paid securities, as well as deferred options expiring on December 1, 2028. This move is part of a previously announced transaction and could potentially enhance the company’s market positioning by increasing liquidity and providing additional capital for its operations.
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: 1,915,899
Technical Sentiment Signal: Hold
Current Market Cap: A$9.28M
See more insights into AS2 stock on TipRanks’ Stock Analysis page.