tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

DXN Seeks ASX Quotation for 2.17 Million Newly Issued Shares

Story Highlights
  • DXN Ltd. has lodged an application to quote 2,167,742 new ordinary fully paid shares on the ASX.
  • The shares result from exercised options or converted securities, modestly increasing DXN’s capital and market liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
DXN Seeks ASX Quotation for 2.17 Million Newly Issued Shares

Claim 70% Off TipRanks Premium

DXN Ltd. ( (AU:DXN) ) has issued an announcement.

DXN Ltd. has applied to the ASX for quotation of a total of 2,167,742 new ordinary fully paid shares, issued in two equal tranches of 1,083,871 shares dated 31 December 2025 and 6 January 2026. The new securities arise from the exercise or conversion of existing options or other convertible instruments, increasing DXN’s quoted share capital and potentially modestly impacting ownership dilution and liquidity for existing shareholders.

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

More about DXN Ltd.

DXN Ltd. is an Australian-listed company on the ASX under the code DXN. The announcement identifies it as an issuing entity of ordinary fully paid shares, but does not provide further detail on its industry, products, services or market focus.

Average Trading Volume: 305,649

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$12.17M

See more insights into DXN stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1