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Manuka Resources Ltd ( (AU:MKR) ) has provided an announcement.
Manuka Resources Ltd has issued 6,140,921 new fully paid ordinary shares under its placement capacity pursuant to ASX Listing Rule 7.1, following a placement to a non-related party investor. The new shares, to be quoted on the ASX under code MKR from 19 December 2025, expand the company’s quoted capital base and provide additional funding, which may support its ongoing corporate and operational activities and potentially influence its capital structure and shareholder dilution.
The most recent analyst rating on (AU:MKR) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Manuka Resources Ltd stock, see the AU:MKR Stock Forecast page.
More about Manuka Resources Ltd
Average Trading Volume: 7,999,634
Technical Sentiment Signal: Buy
Current Market Cap: A$97.89M
For an in-depth examination of MKR stock, go to TipRanks’ Overview page.