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EPX ( (AU:EPX) ) just unveiled an update.
EPX Limited has issued 8,572,000 new fully paid ordinary shares at $0.25 per share to new and existing institutional investors, as part of a previously announced placement. The company confirmed that the capital raising was conducted without a prospectus under the relevant Corporations Act provisions, and stated it is compliant with its continuous disclosure and reporting obligations and has no excluded information, signalling regulatory transparency and reinforcing confidence for current and prospective shareholders.
The most recent analyst rating on (AU:EPX) stock is a Hold with a A$0.27 price target. To see the full list of analyst forecasts on EPX stock, see the AU:EPX Stock Forecast page.
More about EPX
Average Trading Volume: 217,977
Technical Sentiment Signal: Hold
Current Market Cap: A$21.02M
See more insights into EPX stock on TipRanks’ Stock Analysis page.