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Culpeo Minerals Seeks ASX Quotation for 142.6 Million New Shares

Story Highlights
  • Culpeo Minerals has applied to list 142,561,790 new fully paid ordinary shares on the ASX.
  • The substantial new share quotation will expand Culpeo’s capital base and may affect market liquidity and ownership mix.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Culpeo Minerals Seeks ASX Quotation for 142.6 Million New Shares

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Culpeo Minerals Limited ( (AU:CPO) ) has provided an update.

Culpeo Minerals Limited has applied to the ASX for quotation of 142,561,790 new fully paid ordinary shares under its existing ticker code CPO. The issue of this large parcel of securities, previously flagged via an Appendix 3B, will expand the company’s listed capital base and could influence liquidity and ownership structure once the shares commence trading.

The most recent analyst rating on (AU:CPO) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Culpeo Minerals Limited stock, see the AU:CPO Stock Forecast page.

More about Culpeo Minerals Limited

Average Trading Volume: 3,742,888

Technical Sentiment Signal: Hold

Current Market Cap: A$9.76M

For detailed information about CPO stock, go to TipRanks’ Stock Analysis page.

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