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The latest announcement is out from Southern Gold Limited ( (AU:ION) ).
IONDRIVE Limited has applied to the ASX for quotation of 11,363,636 new fully paid ordinary shares under its existing issuer code ION. The new securities, issued on 30 January 2026, arise from a previously announced transaction and, once quoted, will expand the company’s listed capital base, potentially enhancing liquidity and access to equity funding for current and prospective shareholders.
The most recent analyst rating on (AU:ION) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Southern Gold Limited stock, see the AU:ION Stock Forecast page.
More about Southern Gold Limited
YTD Price Performance: 25.58%
Average Trading Volume: 1,976,318
Technical Sentiment Signal: Buy
Current Market Cap: A$72.29M
See more data about ION stock on TipRanks’ Stock Analysis page.