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D3 Energy Seeks ASX Quotation for 5 Million New Shares

Story Highlights
  • D3 Energy has applied to list 5 million new fully paid ordinary shares on the ASX.
  • The additional shares stem from earlier transactions and are expected to expand market liquidity for investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
D3 Energy Seeks ASX Quotation for 5 Million New Shares

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D3 Energy Limited ( (AU:D3E) ) has provided an update.

D3 Energy Limited has applied to the Australian Securities Exchange for quotation of 5 million new fully paid ordinary shares under the code D3E, expanding its listed securities on the market. The issuance, tied to previously announced transactions, modestly increases the company’s free float and may enhance liquidity and trading depth for existing and prospective shareholders once the new shares commence quotation.

More about D3 Energy Limited

Average Trading Volume: 41,554

Technical Sentiment Signal: Buy

Current Market Cap: A$43.11M

Find detailed analytics on D3E stock on TipRanks’ Stock Analysis page.

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