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Mayfield Group Seeks ASX Quotation for 631,907 Fully Paid Shares

Story Highlights
  • Mayfield Group has applied to quote 631,907 new fully paid ordinary shares on the ASX.
  • This conversion of previously partly paid shares modestly boosts MYG’s free float and market liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Mayfield Group Seeks ASX Quotation for 631,907 Fully Paid Shares

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Mayfield Group Holdings Limited ( (AU:MYG) ) has shared an update.

Mayfield Group Holdings Limited has applied to the ASX for quotation of 631,907 ordinary fully paid shares under the code MYG, following the full payment of previously unquoted partly paid securities. The move will increase the number of the company’s quoted securities on issue, modestly enhancing its free float and liquidity for shareholders, though the announcement does not disclose any broader strategic or operational implications.

The most recent analyst rating on (AU:MYG) stock is a Buy with a A$3.00 price target. To see the full list of analyst forecasts on Mayfield Group Holdings Limited stock, see the AU:MYG Stock Forecast page.

More about Mayfield Group Holdings Limited

Average Trading Volume: 356,621

Technical Sentiment Signal: Buy

Current Market Cap: A$308.7M

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

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