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The latest announcement is out from Metal Powder Works Limited ( (AU:MPW) ).
Metal Powder Works Limited has lodged a prospectus to facilitate an offer of 250 shares at an issue price of A$2.00 each, targeting the removal of trading restrictions on shares issued before the closing date under section 708A(11) of the Corporations Act. The company characterises the investment as speculative and emphasises that the prospectus outlines the background and purpose of the offer, its impact on the company’s capital structure, associated risk factors, and shareholder rights, signalling a formal step to enhance liquidity and tradability for existing shareholders while adhering to regulatory disclosure requirements.
The most recent analyst rating on (AU:MPW) stock is a Buy with a A$4.10 price target. To see the full list of analyst forecasts on Metal Powder Works Limited stock, see the AU:MPW Stock Forecast page.
More about Metal Powder Works Limited
Average Trading Volume: 345,358
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$280.1M
For detailed information about MPW stock, go to TipRanks’ Stock Analysis page.