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Askari Metals Limited ( (AU:AS2) ) has issued an update.
Askari Metals Limited has applied for quotation of 120 million new ordinary fully paid shares on the Australian Securities Exchange, with an issue date of 22 December 2025. The sizeable new share quotation, lodged as a new announcement under ASX Appendix 2A, signals a significant expansion of the company’s issued capital base, with potential implications for existing shareholders through dilution as well as increased funding flexibility to support its ongoing corporate and operational initiatives.
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 with its ordinary fully paid shares quoted on the Australian Securities Exchange. The company operates within the listed equities market, issuing and managing securities in line with ASX Listing Rules.
Average Trading Volume: 2,159,178
Technical Sentiment Signal: Sell
Current Market Cap: A$7.79M
Find detailed analytics on AS2 stock on TipRanks’ Stock Analysis page.