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Mader Group Ltd ( (AU:MAD) ) has provided an announcement.
Mader Group Ltd has announced the quotation of 1,586,728 ordinary fully paid securities on the Australian Securities Exchange (ASX), effective September 5, 2025. This move is part of the company’s strategy to enhance its capital structure, potentially improving its market position and providing additional resources for expansion and operational initiatives.
The most recent analyst rating on (AU:MAD) stock is a Buy with a A$9.50 price target. To see the full list of analyst forecasts on Mader Group Ltd stock, see the AU:MAD Stock Forecast page.
More about Mader Group Ltd
Mader Group Ltd operates in the industrial sector, providing specialized maintenance services for heavy equipment and machinery. The company focuses on serving industries such as mining, energy, and infrastructure, offering solutions that enhance equipment reliability and performance.
Average Trading Volume: 131,342
Technical Sentiment Signal: Buy
Current Market Cap: A$1.71B
See more insights into MAD stock on TipRanks’ Stock Analysis page.