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K-TIG Ltd ( (AU:MPW) ) has provided an announcement.
Metal Powder Works Limited has requested a trading halt on its securities pending an announcement regarding a capital raise. The trading halt is expected to be lifted by September 9, 2025, upon the release of the capital raise announcement. This move indicates a potential strategic financial maneuver aimed at strengthening the company’s capital structure, which could have significant implications for its market positioning and stakeholder interests.
More about K-TIG Ltd
Metal Powder Works Limited operates in the metal industry, focusing on the production and supply of metal powders. The company is listed on the Australian Securities Exchange (ASX) under the ticker MPW, and is based in Perth, Western Australia.
Average Trading Volume: 473,200
Technical Sentiment Signal: Sell
Current Market Cap: A$507.2M
For a thorough assessment of MPW stock, go to TipRanks’ Stock Analysis page.