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Calix Ltd. ( (AU:CXL) ) has provided an announcement.
Calix Ltd. announced the quotation of 179,130 new ordinary fully paid securities on the Australian Securities Exchange (ASX), following the exercise of options or conversion of other convertible securities. This move is expected to enhance the company’s capital structure and potentially improve its market positioning by increasing liquidity and investor interest.
The most recent analyst rating on (AU:CXL) stock is a Hold with a A$0.50 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 innovative solutions for environmental and industrial challenges. The company is known for its advanced processing technologies that aim to reduce emissions and improve sustainability across various industries.
Average Trading Volume: 281,068
Technical Sentiment Signal: Sell
Current Market Cap: A$90.16M
See more insights into CXL stock on TipRanks’ Stock Analysis page.