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Finder Energy Holdings Limited ( (AU:FDR) ) has provided an update.
Finder Energy Holdings Limited has issued a total of 56,750,000 fully paid ordinary shares at varying prices to institutional, sophisticated, and professional investors, as well as to its corporate advisor and a director. This strategic move aims to strengthen the company’s capital base and enhance its market position, reflecting its compliance with relevant legislative requirements and its commitment to transparent operations.
More about Finder Energy Holdings Limited
Finder Energy Holdings Limited operates in the energy sector, focusing on exploration and production activities. The company is engaged in developing energy resources and providing related services, with a market focus on institutional, sophisticated, and professional investors.
Average Trading Volume: 1,699,560
Technical Sentiment Signal: Buy
Current Market Cap: A$161.8M
See more insights into FDR stock on TipRanks’ Stock Analysis page.