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An update from Cuscal Limited ( (AU:CCL) ) is now available.
Cuscal Limited announced an amendment to its previous ASX announcement regarding the release of escrowed securities. The release of 56,637,982 fully paid ordinary shares from voluntary escrow will now occur on 25 August 2025, instead of the previously stated date. This adjustment in the release date of shares, which have been under escrow since the company’s shares commenced quotation on the ASX in November 2024, may impact the company’s stock liquidity and market perception.
The most recent analyst rating on (AU:CCL) stock is a Buy with a A$3.75 price target. To see the full list of analyst forecasts on Cuscal Limited stock, see the AU:CCL Stock Forecast page.
More about Cuscal Limited
Cuscal Limited is an authorised deposit-taking institution (ADI) in Australia, offering comprehensive payment and regulated data services. It is one of the few entities in the country, alongside the four major banks, with the necessary licences, connectivity, and processing capabilities to support all payment types. Originally established in 1966 to serve mutual banking organisations, Cuscal has focused on innovation and investment to become a leading player in the Australian payments industry.
Average Trading Volume: 275,847
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$574.7M
Find detailed analytics on CCL stock on TipRanks’ Stock Analysis page.