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An announcement from Iperionx Limited ( (AU:IPX) ) is now available.
Iperionx Limited has applied to the ASX for quotation of 678,429 new fully paid ordinary shares under its IPX ticker, following the conversion or exercise of existing options or other convertible securities. The modest increase in quoted share capital reflects ongoing capital management activity but does not, on the information provided, signal a major change in strategy or operations; it slightly expands the company’s free float and may marginally affect existing shareholders’ dilution and trading liquidity.
The most recent analyst rating on (AU:IPX) stock is a Buy with a A$9.90 price target. To see the full list of analyst forecasts on Iperionx Limited stock, see the AU:IPX Stock Forecast page.
More about Iperionx Limited
Average Trading Volume: 1,548,919
Technical Sentiment Signal: Hold
Current Market Cap: A$1.69B
Find detailed analytics on IPX stock on TipRanks’ Stock Analysis page.