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Marmota Limited Announces Proposed Issue of 90.9 Million Securities

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Marmota Limited Announces Proposed Issue of 90.9 Million Securities

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The latest announcement is out from Marmota Limited ( (AU:MEU) ).

Marmota Limited has announced a proposed issue of securities with a total of 90,909,091 fully paid ordinary shares scheduled to be issued on February 7, 2025. This move signifies Marmota’s strategic efforts to potentially raise capital, which could impact its market positioning and stakeholder interests in terms of investment opportunities.

More about Marmota Limited

YTD Price Performance: 57.50%

Average Trading Volume: 1,628,694

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$68.45M

For detailed information about MEU stock, go to TipRanks’ Stock Analysis page.

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