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Spirit Technology Solutions Ltd. ( (AU:ITS) ) has shared an update.
Infotrust Ltd has applied for quotation on the ASX of 1,384,700 ordinary fully paid shares, to be issued on 17 April 2026 under its existing ticker ITS. The new share quotation follows the exercise of options or conversion of other securities and will expand the number of tradable shares, modestly increasing the company’s free float and potential liquidity for investors.
The application confirms the company’s compliance with ASX requirements for new securities and signals ongoing capital structure activity within Infotrust. While the announcement does not disclose the purpose of the underlying option or convertible security programs, the additional shares may marginally dilute existing holders while enhancing market depth in ITS on the ASX.
The most recent analyst rating on (AU:ITS) stock is a Buy with a A$0.62 price target. To see the full list of analyst forecasts on Spirit Technology Solutions Ltd. stock, see the AU:ITS Stock Forecast page.
More about Spirit Technology Solutions Ltd.
Infotrust Ltd, listed on the ASX under the code ITS, operates as a publicly traded company, though the filing provides no detail on its specific industry or product focus. The company is registered in Australia under ABN 73089224402 and is subject to the ASX Listing Rules governing quotation of its securities.
Average Trading Volume: 25,933
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$85.58M
See more insights into ITS stock on TipRanks’ Stock Analysis page.