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The latest update is out from Mercury NZ Ltd. ( (MGHTF) ).
Mercury NZ Limited has announced the application for quotation of 7,490,800 ordinary fully paid foreign exempt securities on the ASX, with the issue date set for April 1, 2025. This move is part of a dividend or distribution plan and could potentially enhance the company’s market presence and liquidity, offering stakeholders more investment opportunities.
More about Mercury NZ Ltd.
Mercury NZ Limited operates in the energy sector, primarily focusing on the generation and retailing of electricity. The company is known for its commitment to renewable energy sources and serves a significant portion of the New Zealand market.
Technical Sentiment Signal: Sell
Current Market Cap: $4.44B
Find detailed analytics on MGHTF stock on TipRanks’ Stock Analysis page.