tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Manuka Resources Seeks ASX Quotation for 7.5 Million New Shares

Story Highlights
  • Manuka Resources has applied to quote 7,500,001 new ordinary shares on the ASX.
  • The new MKR securities stem from exercised or converted instruments, slightly expanding its listed capital base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Manuka Resources Seeks ASX Quotation for 7.5 Million New Shares

Claim 50% Off TipRanks Premium

The latest announcement is out from Manuka Resources Ltd ( (AU:MKR) ).

Manuka Resources Ltd has applied to the ASX for quotation of 7,500,001 new ordinary fully paid shares, issued on 14 January 2026 under its code MKR. The additional securities arise from the exercise or conversion of existing options or other convertible instruments, modestly expanding the company’s listed share capital and potentially improving liquidity for shareholders.

The most recent analyst rating on (AU:MKR) stock is a Hold with a A$0.16 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: 10,448,606

Technical Sentiment Signal: Buy

Current Market Cap: A$225.4M

For a thorough assessment of MKR stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1