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Control Bionics Seeks ASX Quotation for 8.4 Million New Shares

Story Highlights
  • Control Bionics has applied to list 8.44 million new fully paid ordinary shares on the ASX.
  • The additional quoted securities expand the company’s share base and may enhance market liquidity for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Control Bionics Seeks ASX Quotation for 8.4 Million New Shares

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An announcement from Control Bionics Ltd. ( (AU:CBL) ) is now available.

Control Bionics Limited has applied to the ASX for quotation of 8,443,747 new fully paid ordinary shares under the code CBL, with an issue date of 31 December 2025. The move formalises the listing of these previously announced securities, expanding the company’s quoted share base and potentially increasing liquidity for existing investors while signalling ongoing capital markets activity as the business continues to execute its previously disclosed transactions.

The most recent analyst rating on (AU:CBL) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Control Bionics Ltd. stock, see the AU:CBL Stock Forecast page.

More about Control Bionics Ltd.

Average Trading Volume: 1,133,131

Technical Sentiment Signal: Buy

Current Market Cap: A$25.83M

For a thorough assessment of CBL stock, go to TipRanks’ Stock Analysis page.

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