Centrex Limited ( (AU:CXM) ) has shared an announcement.
Centrex Limited has announced an extension of the closing date for its Entitlement Offer to March 5, 2025, to allow more time for external investors to complete due diligence and for eligible shareholders to consider obtaining shortfall shares. This move could potentially enhance investor participation and support the company’s financial strategy, indicating a proactive approach to maintaining investor interest and confidence in its ongoing projects.
More about Centrex Limited
Centrex Limited is focused on securing Australasia’s sustainable agriculture future through the exploration and development of its Ardmore Phosphate Project and Oxley Potash Project. These projects provide essential ingredients for global food production and human nutrition. The company is also involved in copper-gold-base metal exploration projects in New South Wales, located near established energy and transport infrastructure essential for accessing agricultural markets.
YTD Price Performance: 40.0%
Average Trading Volume: 1,449,270
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$14.75M
See more data about CXM stock on TipRanks’ Stock Analysis page.