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AuMake Limited Announces Major Securities Issue to Bolster Financial Position

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AuMake Limited Announces Major Securities Issue to Bolster Financial Position

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AuMake Ltd. ( (AU:AUK) ) has shared an update.

AuMake Limited has announced a proposed issue of 750 million unquoted options and ordinary fully paid securities, with an exercise price of $0.004 each, set to expire two years from the date of issue. This strategic move is aimed at raising capital and potentially enhancing the company’s market position, reflecting its ongoing efforts to strengthen its financial foundation and expand its operational capabilities.

The most recent analyst rating on (AU:AUK) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on AuMake Ltd. stock, see the AU:AUK Stock Forecast page.

More about AuMake Ltd.

AuMake Limited operates in the retail industry, focusing on providing products and services primarily to the Australian and Asian markets. The company is known for its offerings that cater to the needs of tourists and international students, with a particular emphasis on health and beauty products, food, and other consumer goods.

Current Market Cap: A$6.16M

See more data about AUK stock on TipRanks’ Stock Analysis page.

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