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Connected Minerals Seeks ASX Quotation for 5.8 Million New Shares

Story Highlights
  • Connected Minerals applied to quote 5.8 million new ordinary shares on the ASX.
  • The additional securities expand CML’s tradable base, potentially boosting market liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Connected Minerals Seeks ASX Quotation for 5.8 Million New Shares

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Connected IO ( (AU:CML) ) just unveiled an update.

Connected Minerals Limited has applied for quotation of 5,808,625 ordinary fully paid shares on the ASX, with an issue date of March 19, 2026. The new quotation of these securities increases the company’s tradable share base and may enhance liquidity for investors, reflecting ongoing capital management and positioning within the Australian minerals market.

The most recent analyst rating on (AU:CML) stock is a Hold with a A$0.23 price target. To see the full list of analyst forecasts on Connected IO stock, see the AU:CML Stock Forecast page.

More about Connected IO

Connected Minerals Limited, listed on the ASX under the code CML, operates in the minerals sector. The company issues ordinary fully paid shares as its primary listed security, providing investors with equity exposure to its mining and resource-related activities.

Average Trading Volume: 90,669

Technical Sentiment Signal: Buy

Current Market Cap: A$12.24M

For an in-depth examination of CML stock, go to TipRanks’ Overview page.

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