Australian Potash Limited ( (AU:APC) ) has issued an announcement.
Australian Potash Limited is offering a pro-rata renounceable entitlement issue to its shareholders, aiming to raise up to $1,933,363. This move is conditionally underwritten by ShareX Pty Ltd and involves issuing three shares for every two held, with additional options. The offer is speculative and primarily targets existing shareholders in Australia and New Zealand, reflecting the company’s strategy to strengthen its financial position through shareholder engagement.
More about Australian Potash Limited
YTD Price Performance: 15.38%
Average Trading Volume: 340,367
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$1.76M
Learn more about APC stock on TipRanks’ Stock Analysis page.