tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Broken Hill Mines Seeks Quotation of 8.6 Million New Shares on ASX

Story Highlights
  • Broken Hill Mines applied to quote 8,617,967 new ordinary fully paid shares on ASX.
  • The additional quoted shares expand BHM’s capital base and may enhance stock liquidity and funding flexibility.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Broken Hill Mines Seeks Quotation of 8.6 Million New Shares on ASX

Claim 70% Off TipRanks Premium

An update from Coolabah Metals Ltd. ( (AU:BHM) ) is now available.

Broken Hill Mines Limited has lodged an application with the ASX for the quotation of 8,617,967 new ordinary fully paid shares, to be issued on 22 December 2025. The move will expand the company’s quoted capital base, potentially enhancing liquidity in its stock and providing additional flexibility for future funding or corporate initiatives, though the announcement does not specify the precise purpose of the new share issuance.

More about Coolabah Metals Ltd.

Broken Hill Mines Limited, listed on the ASX under the code BHM, operates in the mining sector, with its activities and securities focused on the Australian market.

Average Trading Volume: 1,317,203

Technical Sentiment Signal: Buy

Current Market Cap: A$316.4M

See more data about BHM stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1