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An announcement from Dynamic Metals Limited ( (AU:DYM) ) is now available.
Dynamic Metals Limited has applied to the ASX for quotation of 63,326 new fully paid ordinary shares, issued following the exercise or conversion of existing options or other convertible securities. The modest increase in quoted capital reflects ongoing conversion activity by holders, slightly expanding the company’s free float and potentially improving liquidity for shareholders, though without indicating any broader capital raising or strategic shift at this stage.
The most recent analyst rating on (AU:DYM) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on Dynamic Metals Limited stock, see the AU:DYM Stock Forecast page.
More about Dynamic Metals Limited
Average Trading Volume: 109,190
Technical Sentiment Signal: Buy
Current Market Cap: A$22.28M
For detailed information about DYM stock, go to TipRanks’ Stock Analysis page.