tiprankstipranks
Trending News
More News >

Australis Oil & Gas Issues New Securities to Boost Market Position

Story Highlights
Australis Oil & Gas Issues New Securities to Boost Market Position

Confident Investing Starts Here:

The latest update is out from Australis Oil & Gas ( (AU:ATS) ).

Australis Oil & Gas Limited announced the issuance of 17,555,844 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX). This move is part of an employee incentive scheme, indicating the company’s efforts to align employee interests with corporate growth and enhance its market position.

More about Australis Oil & Gas

Australis Oil & Gas Limited operates in the energy sector, focusing on the exploration and production of oil and gas resources. The company is involved in developing and managing oil and gas assets, aiming to enhance its market presence and operational efficiency.

Average Trading Volume: 150,000

Technical Sentiment Signal: Hold

Current Market Cap: $7.51M

For a thorough assessment of ATS stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1