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Aspermont Limited ( (AU:ASP) ) just unveiled an announcement.
Aspermont Limited has issued 2,083,973 new fully paid ordinary shares at an issue price of $0.007671 per share, increasing its share capital without providing a prospectus under the Corporations Act’s disclosure exemptions. The company confirms it is compliant with its financial reporting and continuous disclosure obligations and states there is no excluded information that would need to be disclosed to the market, indicating the placement is being conducted within the existing regulatory framework and without undisclosed material information for investors.
The most recent analyst rating on (AU:ASP) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Aspermont Limited stock, see the AU:ASP Stock Forecast page.
More about Aspermont Limited
Technical Sentiment Signal: Sell
Current Market Cap: A$23.27M
For an in-depth examination of ASP stock, go to TipRanks’ Overview page.