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Belararox Ltd. ( (AU:BRX) ) has shared an announcement.
Belararox Limited has issued 222,222 fully paid ordinary shares as part of a previously announced placement, with the new shares ranking equally with the company’s existing ordinary shares. The company also confirmed it issued these shares without a prospectus under the Corporations Act while maintaining compliance with its financial reporting and continuous disclosure obligations, and stated there is no undisclosed price‑sensitive information relevant to assessing the company or the rights attached to the new shares, providing assurance to current and prospective shareholders about the transparency of the placement.
The most recent analyst rating on (AU:BRX) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Belararox Ltd. stock, see the AU:BRX Stock Forecast page.
More about Belararox Ltd.
Average Trading Volume: 546,563
Technical Sentiment Signal: Sell
Current Market Cap: A$24.41M
See more insights into BRX stock on TipRanks’ Stock Analysis page.