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Belararox Ltd. ( (AU:BRX) ) has shared an announcement.
Belararox Ltd has applied to the ASX for quotation of 35,999,994 new fully paid ordinary shares under the code BRX, with an issue date of 2 January 2026. The large share quotation, following prior shareholder approval, will expand the company’s listed capital base and may have implications for existing shareholders through dilution while providing additional securities that can potentially support future funding, liquidity and market activity in the stock.
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: 547,590
Technical Sentiment Signal: Hold
Current Market Cap: A$22.65M
For an in-depth examination of BRX stock, go to TipRanks’ Overview page.