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An update from Cannindah Resources Limited ( (AU:CAE) ) is now available.
Cannindah Resources has issued a cleansing notice ahead of opening a share purchase plan (SPP) that allows eligible shareholders to acquire up to $30,000 of new fully paid ordinary shares in the company. The SPP, conducted under ASIC relief, will open on 6 February 2026, and the company has confirmed its compliance with relevant continuous disclosure and financial reporting obligations, stating there is no excluded information requiring disclosure, thereby supporting transparency for investors participating in the capital raising.
The most recent analyst rating on (AU:CAE) stock is a Sell with a A$0.05 price target. To see the full list of analyst forecasts on Cannindah Resources Limited stock, see the AU:CAE Stock Forecast page.
More about Cannindah Resources Limited
Cannindah Resources Limited is an Australia-based company listed on the ASX (code: CAE). The company operates in the resources sector, with its corporate office located in Perth, Western Australia, and is focused on exploration and development activities in the mining industry.
Average Trading Volume: 1,050,868
Technical Sentiment Signal: Buy
Current Market Cap: A$54.68M
See more insights into CAE stock on TipRanks’ Stock Analysis page.