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The latest update is out from Emyria Ltd ( (AU:EMD) ).
Emyria Limited has announced the issuance of 133,333,334 new fully paid ordinary shares at an issue price of $0.06 per share, raising $8 million before costs. This capital raise allows the shares to be traded immediately under the exemption of section 708A(5) of the Corporations Act 2001, enhancing liquidity and potentially impacting the company’s market position.
The most recent analyst rating on (AU:EMD) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Emyria Ltd stock, see the AU:EMD Stock Forecast page.
More about Emyria Ltd
Average Trading Volume: 3,551,416
Technical Sentiment Signal: Buy
Current Market Cap: A$40.9M
For an in-depth examination of EMD stock, go to TipRanks’ Overview page.