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Develop Global Limited ( (AU:DVP) ) has issued an announcement.
Develop Global Limited has announced the issuance of 40,000,000 fully paid ordinary securities, which will be quoted on the Australian Securities Exchange (ASX) under the code DVP. This move is part of previously announced transactions, and it signifies the company’s efforts to strengthen its capital structure, potentially impacting its market positioning and providing opportunities for stakeholders to engage with its growth trajectory.
The most recent analyst rating on (AU:DVP) stock is a Buy with a A$4.70 price target. To see the full list of analyst forecasts on Develop Global Limited stock, see the AU:DVP Stock Forecast page.
More about Develop Global Limited
Develop Global Limited operates in the mining and resources industry, focusing on the development and production of mineral resources. The company is involved in various projects aimed at extracting valuable minerals and has a market focus on expanding its resource base and enhancing its operational capabilities.
Average Trading Volume: 1,453,364
Technical Sentiment Signal: Buy
Current Market Cap: A$1.47B
See more insights into DVP stock on TipRanks’ Stock Analysis page.