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Boab Metals Seeks ASX Quotation for Nearly 49 Million New Shares

Story Highlights
  • Boab Metals has applied to quote 48.9 million new ordinary shares on the ASX.
  • The added securities will enlarge Boab’s listed capital base, affecting dilution and funding.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Boab Metals Seeks ASX Quotation for Nearly 49 Million New Shares

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An announcement from Boab Metals Ltd ( (AU:BML) ) is now available.

Boab Metals Limited has applied to the ASX for quotation of 48,942,892 new ordinary fully paid shares under its existing issuer code BML. The new securities, issued on 3 February 2026 following previously announced transactions, will expand the company’s quoted share capital, with implications for shareholder dilution and additional funding capacity depending on the underlying transaction terms, which were not detailed in the filing.

The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.58 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

Average Trading Volume: 4,534,646

Technical Sentiment Signal: Buy

Current Market Cap: A$292.8M

Find detailed analytics on BML stock on TipRanks’ Stock Analysis page.

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