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An update from Southern Gold Limited ( (AU:ION) ) is now available.
IONDRIVE Limited has applied to the ASX for quotation of 14.5 million new ordinary fully paid shares under its ticker ION. The new securities, issued on 6 February 2026 following the exercise or conversion of existing options or other convertible securities, will expand the company’s quoted capital base, potentially increasing liquidity in its stock and providing additional funding flexibility for future corporate and operational activities.
The most recent analyst rating on (AU:ION) stock is a Hold with a A$0.04 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
Average Trading Volume: 2,003,099
Technical Sentiment Signal: Hold
Current Market Cap: A$55.02M
For detailed information about ION stock, go to TipRanks’ Stock Analysis page.