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Calix Ltd. ( (AU:CXL) ) has shared an announcement.
Calix Ltd. announced a proposed issue of 516,667 ordinary fully paid securities, with the issuance date set for December 5, 2025. This move is part of a placement or other type of issue, which could impact the company’s market positioning by potentially increasing its capital base and enhancing its ability to invest in its core technologies and market expansion.
The most recent analyst rating on (AU:CXL) stock is a Hold with a A$0.61 price target. To see the full list of analyst forecasts on Calix Ltd. stock, see the AU:CXL Stock Forecast page.
More about Calix Ltd.
Calix Ltd. operates in the technology and industrial sectors, focusing on developing and commercializing innovative solutions for environmental and industrial challenges. The company is known for its advanced materials and processes, particularly in the areas of carbon capture and sustainable manufacturing.
Average Trading Volume: 370,686
Technical Sentiment Signal: Sell
Current Market Cap: A$129M
For a thorough assessment of CXL stock, go to TipRanks’ Stock Analysis page.