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Manuka Resources Seeks ASX Quotation for 11 Million New Shares

Story Highlights
  • Manuka Resources has applied to quote 11,035,142 new fully paid ordinary shares on the ASX.
  • The new MKR shares, issued from converted securities, will expand the company’s quoted capital base and market liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Manuka Resources Seeks ASX Quotation for 11 Million New Shares

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An announcement from Manuka Resources Ltd ( (AU:MKR) ) is now available.

Manuka Resources Ltd has applied to the ASX for quotation of 11,035,142 new fully paid ordinary shares under its ticker MKR, following the conversion or exercise of existing options or other convertible securities. The shares, issued on 23 January 2026, will expand the company’s quoted capital base, potentially affecting its capital structure and liquidity profile for existing and prospective investors once admitted to trading.

The most recent analyst rating on (AU:MKR) stock is a Hold with a A$0.22 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: 11,230,932

Technical Sentiment Signal: Buy

Current Market Cap: A$300.9M

Learn more about MKR stock on TipRanks’ Stock Analysis page.

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