tiprankstipranks
Advertisement
Advertisement

High-Tech Metals Issues 3 Million Shares Under Disclosure Exemption

Story Highlights
  • High-Tech Metals has issued 3,000,000 fully paid ordinary shares without a prospectus.
  • The company confirms compliance with reporting rules and no excluded information, cleansing the new shares for trading.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
High-Tech Metals Issues 3 Million Shares Under Disclosure Exemption

Claim 30% Off TipRanks

High-Tech Metals Limited ( (AU:HTM) ) has provided an update.

High-Tech Metals Limited has issued 3,000,000 fully paid ordinary shares without a prospectus, relying on disclosure exemptions under Australian corporations law. The company has lodged the required details with the ASX and confirmed its compliance with key financial reporting and continuous disclosure obligations, while stating there is no excluded information that investors would reasonably require to assess the company or the rights attached to its shares, effectively cleansing the new shares for secondary trading.

The most recent analyst rating on (AU:HTM) stock is a Hold with a A$0.33 price target. To see the full list of analyst forecasts on High-Tech Metals Limited stock, see the AU:HTM Stock Forecast page.

More about High-Tech Metals Limited

Average Trading Volume: 134,046

Technical Sentiment Signal: Buy

Current Market Cap: A$31.71M

For an in-depth examination of HTM stock, go to TipRanks’ Overview 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