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An update from Bindi Metals Ltd. ( (AU:BIM) ) is now available.
Bindi Metals Limited has announced a non-renounceable entitlement offer of options to its shareholders, aiming to raise approximately $46,047. The offer is underwritten by CPS Capital Group Pty Ltd and includes an additional offer of 5,000,000 options to the Lead Manager. This move is part of a strategic financial initiative to potentially enhance the company’s capital structure, although the options are considered highly speculative.
More about Bindi Metals Ltd.
Average Trading Volume: 171,712
Technical Sentiment Signal: Sell
Current Market Cap: A$7.54M
See more insights into BIM stock on TipRanks’ Stock Analysis page.