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The latest update is out from Australian Dairy Nutritionals Group ( (AU:AHF) ).
Australian Dairy Nutritionals Limited has launched a pro-rata non-renounceable entitlement offer to raise approximately A$3.47 million by issuing up to 123.9 million new shares at A$0.028 each, allowing eligible shareholders in Australia, New Zealand, Hong Kong and China to subscribe for one new share for every six held. The capital raising, which includes a top-up facility and potential placement of any shortfall at the board’s discretion, is aimed at funding capital equipment to improve processing efficiency, supporting the company’s growth strategy in China, and providing additional working capital, underscoring a push to accelerate expansion in 2026 while prioritising participation by existing shareholders.
The most recent analyst rating on (AU:AHF) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Australian Dairy Nutritionals Group stock, see the AU:AHF Stock Forecast page.
More about Australian Dairy Nutritionals Group
Australian Dairy Nutritionals Group is an ASX-listed dairy producer focused on value-added nutritional dairy products, with operations centred on processing efficiency and growth in key international markets, particularly China. The company operates within the broader dairy and agrifood sector, supplying dairy-based nutritional products and targeting expanding demand in Asia-Pacific regions.
Average Trading Volume: 458,875
Technical Sentiment Signal: Sell
Current Market Cap: A$20.07M
See more insights into AHF stock on TipRanks’ Stock Analysis page.