tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Fin Resources Seeks ASX Quotation for 68.5 Million New Shares

Story Highlights
  • Fin Resources applied to list 68.5 million new fully paid ordinary shares on ASX.
  • The expanded share base may enhance liquidity and capital flexibility while diluting existing holders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Fin Resources Seeks ASX Quotation for 68.5 Million New Shares

Claim 50% Off TipRanks Premium

Fin Resources Limited ( (AU:FIN) ) has issued an update.

Fin Resources Limited has applied to the ASX for quotation of 68,461,538 new fully paid ordinary shares, expanding its listed capital base. The issuance, which stems from previously announced transactions, is set to increase the company’s tradable securities from 31 December 2025, potentially enhancing liquidity and providing additional capital flexibility for future corporate and operational initiatives, with implications for existing shareholders through dilution and a broader investor base.

The most recent analyst rating on (AU:FIN) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Fin Resources Limited stock, see the AU:FIN Stock Forecast page.

More about Fin Resources Limited

Average Trading Volume: 7,666,918

Technical Sentiment Signal: Sell

Current Market Cap: A$9.85M

See more data about FIN stock on 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