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The latest announcement is out from Boab Metals Ltd ( (AU:BML) ).
Boab Metals Ltd has announced the opening of its Share Purchase Plan (SPP), allowing eligible shareholders in Australia and New Zealand to purchase up to A$30,000 worth of new ordinary shares at A$0.40 each, identical to the price offered under the recently announced placement aiming to raise up to A$60 million. The SPP, with a goal of raising up to A$7 million, offers shareholders an optional and transaction-cost-free investment opportunity, with final allocation decisions at the Board’s discretion, signaling the company’s strategic financial positioning and commitment to shareholder inclusivity.
The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.
More about Boab Metals Ltd
Boab Metals Ltd, listed on the Australian Securities Exchange (ASX: BML), operates in the metals and mining industry, focusing on exploring and developing mineral resources.
Average Trading Volume: 2,826,251
Technical Sentiment Signal: Buy
Current Market Cap: A$163.7M
See more data about BML stock on TipRanks’ Stock Analysis page.