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Austin Engineering ( (AU:ANG) ) just unveiled an announcement.
Austin Engineering Limited announced the quotation of 6,620,698 ordinary fully paid securities on the Australian Securities Exchange (ASX), effective from October 13, 2025. This move is part of previously announced transactions and is expected to enhance the company’s liquidity and market presence, potentially benefiting stakeholders by increasing the company’s financial flexibility and market visibility.
The most recent analyst rating on (AU:ANG) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on Austin Engineering stock, see the AU:ANG Stock Forecast page.
More about Austin Engineering
Austin Engineering Limited operates in the engineering industry, focusing primarily on the design and manufacture of customized mining equipment. The company is known for its innovative solutions and serves a global market, catering to the needs of mining companies seeking efficient and reliable equipment.
Average Trading Volume: 3,409,013
Technical Sentiment Signal: Sell
Current Market Cap: A$186.4M
Learn more about ANG stock on TipRanks’ Stock Analysis page.