Southern Gold Limited ( (AU:ION) ) has provided an update.
IONDRIVE LIMITED has announced a new application for the quotation of 291,373,125 ordinary fully paid securities on the Australian Securities Exchange (ASX). This move is part of a transaction or transactions previously announced to the market, indicating a strategic step in the company’s financial operations. The issuance of these securities could potentially impact the company’s market positioning by increasing its capital base and providing more liquidity for stakeholders.
More about Southern Gold Limited
Average Trading Volume: 56,970
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: €12.36M
Find detailed analytics on ION stock on TipRanks’ Stock Analysis page.