tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

EQ Resources Seeks ASX Quotation for 15.5 Million New Shares

Story Highlights
  • EQ Resources has applied to list 15.5 million new ordinary shares on the ASX.
  • The new shares arise from exercised or converted securities, boosting liquidity but diluting holders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
EQ Resources Seeks ASX Quotation for 15.5 Million New Shares

Claim 50% Off TipRanks Premium

The latest update is out from EQ Resources Limited ( (AU:EQR) ).

EQ Resources Limited has applied to the ASX for quotation of 15,532,431 new ordinary fully paid shares under its issuer code EQR. The additional securities, issued on 28 January 2026 following the exercise or conversion of existing options or other convertible securities, will increase the company’s quoted share capital and may provide additional liquidity for shareholders while modestly diluting existing holdings.

The most recent analyst rating on (AU:EQR) stock is a Hold with a A$0.17 price target. To see the full list of analyst forecasts on EQ Resources Limited stock, see the AU:EQR Stock Forecast page.

More about EQ Resources Limited

Average Trading Volume: 28,993,471

Technical Sentiment Signal: Buy

Current Market Cap: A$732.5M

For detailed information about EQR stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1