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K-TIG Ltd ( (AU:MPW) ) has issued an update.
Metal Powder Works Limited announced that 2,490,391 fully paid ordinary shares, previously classified as restricted securities, will be released from escrow on June 30, 2025. This move is expected to enhance the company’s market presence by allowing these shares to be quoted in accordance with ASX Listing Rules, potentially increasing liquidity and investor interest.
More about K-TIG Ltd
Metal Powder Works Limited (ASX: MPW) is a Pittsburgh-based company specializing in the production of high-quality metal powders for additive manufacturing and other advanced applications. The company has developed a patented non-thermal powder production process called DirectPowder™, which is the first major innovation in powder manufacturing in over 50 years. MPW produces a variety of powders, including high-strength aluminum, copper and copper-nickel alloys, and specialty alloys like CP-Ti and Zircaloy.
Average Trading Volume: 583,493
Technical Sentiment Signal: Sell
Current Market Cap: A$234.1M
For a thorough assessment of MPW stock, go to TipRanks’ Stock Analysis page.