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Elixir Energy Limited ( (AU:EXR) ) has issued an announcement.
Elixir Energy Limited has applied to the ASX for quotation of 65,365,854 new fully paid ordinary shares, expanding its listed capital base. The issuance, tied to a previously flagged transaction, will increase the company’s free float and liquidity, potentially broadening its shareholder register and providing additional financial flexibility for future operational and strategic initiatives.
The most recent analyst rating on (AU:EXR) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Elixir Energy Limited stock, see the AU:EXR Stock Forecast page.
More about Elixir Energy Limited
Average Trading Volume: 3,891,192
Technical Sentiment Signal: Hold
Current Market Cap: A$147.9M
For detailed information about EXR stock, go to TipRanks’ Stock Analysis page.