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The latest announcement is out from HeraMED Ltd. ( (AU:HMD) ).
HeraMED Ltd has applied to the ASX for quotation of 27,150,000 new ordinary fully paid shares under its ticker HMD, following the exercise or conversion of existing options or other convertible securities. The enlarged pool of quoted securities increases the company’s tradable equity base, potentially affecting liquidity and ownership structure, and marks a notable capital-related move for stakeholders to monitor in terms of future financing flexibility and market valuation.
More about HeraMED Ltd.
Average Trading Volume: 1,428,186
Technical Sentiment Signal: Hold
Current Market Cap: A$32.33M
Find detailed analytics on HMD stock on TipRanks’ Stock Analysis page.