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DevEx Seeks ASX Quotation for Over 110 Million New Shares

Story Highlights
  • DevEx Resources has applied to quote 110,266,988 new ordinary shares on the ASX.
  • The additional quoted shares will expand DevEx’s listed capital base and affect shareholder liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
DevEx Seeks ASX Quotation for Over 110 Million New Shares

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DevEx Resources Ltd ( (AU:DEV) ) has shared an update.

DevEx Resources Limited has applied to the ASX for quotation of 110,266,988 new ordinary fully paid shares under code DEV, following a previously announced transaction. The issuance and quotation of these securities, effective 29 January 2026, will expand the company’s listed share base, with implications for its capital structure and liquidity for existing and new shareholders.

The most recent analyst rating on (AU:DEV) stock is a Hold with a A$0.24 price target. To see the full list of analyst forecasts on DevEx Resources Ltd stock, see the AU:DEV Stock Forecast page.

More about DevEx Resources Ltd

YTD Price Performance: 37.14%

Average Trading Volume: 1,657,686

Technical Sentiment Signal: Buy

Current Market Cap: A$141M

See more data about DEV stock on TipRanks’ Stock Analysis page.

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