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The latest announcement is out from Marquee Resources Ltd ( (AU:MQR) ).
Marquee Resources Ltd has announced a proposed issue of up to 50 million new securities via a placement or similar structure, split into two new classes of rights that will convert into shares upon meeting specified volume-weighted average price (VWAP) hurdles. The rights will convert if the company’s share price achieves a VWAP of $0.02 and $0.05 respectively over 10 consecutive trading days, with the issue expected on 30 January 2026, a structure that directly links dilution and potential value to future share price performance and aligns incentives with market appreciation for existing and new stakeholders.
The most recent analyst rating on (AU:MQR) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Marquee Resources Ltd stock, see the AU:MQR Stock Forecast page.
More about Marquee Resources Ltd
Average Trading Volume: 2,723,316
Technical Sentiment Signal: Sell
Current Market Cap: A$8.18M
For detailed information about MQR stock, go to TipRanks’ Stock Analysis page.