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EPX Seeks ASX Quotation for 1.18 Million New Shares

Story Highlights
  • EPX Limited is seeking ASX quotation for 1,178,004 new fully paid ordinary shares.
  • The new share issue expands EPX’s equity base and may impact shareholder dilution and stock liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
EPX Seeks ASX Quotation for 1.18 Million New Shares

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EPX ( (AU:EPX) ) has shared an announcement.

EPX Limited has applied to the ASX for quotation of 1,178,004 new fully paid ordinary shares, expanding its listed security base. The issuance, tied to previously announced transactions, modestly increases the company’s equity on issue and may enhance liquidity in its stock, signaling ongoing capital management activity that could affect shareholder dilution and trading dynamics.

The most recent analyst rating on (AU:EPX) stock is a Hold with a A$0.24 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: 238,077

Technical Sentiment Signal: Sell

Current Market Cap: A$21.72M

For an in-depth examination of EPX stock, go to TipRanks’ Overview page.

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