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DigitalX Limited Issues New Shares in Compliance with Corporations Act

Story Highlights
  • DigitalX Ltd is a leading Australian digital investment manager and crypto fund manager.
  • DigitalX issued 511,364 shares without disclosure, complying with the Corporations Act.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
DigitalX Limited Issues New Shares in Compliance with Corporations Act

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DigitalX Limited ( (AU:DCC) ) just unveiled an announcement.

DigitalX Limited has issued 511,364 fully paid ordinary shares without disclosure to investors under Part 6D.2 of the Corporations Act 2001. This move is in compliance with relevant provisions of the Act, and there is no excluded information as per the current notice. The issuance of these shares could impact the company’s market operations and shareholder value, aligning with its strategic financial maneuvers.

The most recent analyst rating on (AU:DCC) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on DigitalX Limited stock, see the AU:DCC Stock Forecast page.

More about DigitalX Limited

DigitalX Ltd (ASX:DCC) is a leading Australian digital investment manager and the only ASX-listed crypto fund manager. The company has a long-standing presence in the digital asset space, with over six years of experience and notable achievements such as the DigitalX Bitcoin Fund being rated as the top-performing fund in Australia for 2023. DigitalX caters primarily to domestic individual wholesale investors and family offices, managing Australia’s first ASX-listed spot Bitcoin ETF and employing a Bitcoin Treasury strategy.

Average Trading Volume: 2,440,458

Technical Sentiment Signal: Sell

Current Market Cap: A$65.51M

For a thorough assessment of DCC stock, go to TipRanks’ Stock Analysis page.

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