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IODM Ltd. ( (AU:IOD) ) has issued an update.
IODM Limited, listed on the ASX under the code IOD, has announced a proposed issue of up to 18,095,193 new fully paid ordinary shares. The securities will be issued via a placement or similar capital-raising mechanism on 19 December 2025, indicating the company is moving to strengthen its capital base, which may provide additional funding capacity for its ongoing operations or future growth initiatives and could dilute existing shareholders depending on the final terms of the issue.
More about IODM Ltd.
Average Trading Volume: 158,425
Technical Sentiment Signal: Sell
Current Market Cap: A$98.65M
For a thorough assessment of IOD stock, go to TipRanks’ Stock Analysis page.