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Dalaroo Metals Ltd. ( (AU:DAL) ) has provided an announcement.
Dalaroo Metals Ltd has announced the issuance of 29,445,455 fully paid ordinary shares following shareholder approval at their Annual General Meeting. This move, executed without the need for disclosure under Part 6D.2 of the Corporations Act, signifies the company’s compliance with relevant legal provisions and suggests a strategic effort to bolster its capital structure, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (AU:DAL) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Dalaroo Metals Ltd. stock, see the AU:DAL Stock Forecast page.
More about Dalaroo Metals Ltd.
Average Trading Volume: 610,998
Technical Sentiment Signal: Buy
Learn more about DAL stock on TipRanks’ Stock Analysis page.