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First AU Seeks ASX Quotation for 132 Million New Shares

Story Highlights
  • First AU has lodged an application to quote 132 million new ordinary shares on the ASX.
  • The significant capital issuance will expand the company’s quoted base and may affect shareholder dilution and funding capacity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
First AU Seeks ASX Quotation for 132 Million New Shares

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First AU Ltd. ( (AU:FAU) ) has issued an announcement.

First AU Limited has applied to the ASX for quotation of 132 million new ordinary fully paid shares, as detailed in an Appendix 2A application dated 30 January 2026. The securities, issued under a previously announced transaction, will expand the company’s quoted capital base, signalling a material capital issuance that may influence existing shareholders’ dilution levels and the company’s capacity to fund ongoing activities once trading in the new shares commences.

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

More about First AU Ltd.

Average Trading Volume: 23,044,083

Technical Sentiment Signal: Sell

Current Market Cap: A$26.21M

See more data about FAU stock on TipRanks’ Stock Analysis page.

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