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Mindax Limited Announces Proposed Securities Issue

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Mindax Limited Announces Proposed Securities Issue

Elevate Your Investing Strategy:

An update from Mindax Limited ( (AU:MDX) ) is now available.

Mindax Limited has announced a proposed issue of securities, which includes 30 million options exercisable at 7 cents expiring on July 15, 2026, and 20 million ordinary fully paid shares. This move is part of a placement or other type of issue, and the company has applied for the quotation of these securities on the ASX. The issuance aims to enhance the company’s capital structure and potentially improve its market positioning.

More about Mindax Limited

Mindax Limited is a company involved in the securities industry, focusing on the issuance and management of securities. The company is listed on the Australian Securities Exchange (ASX) under the code MDX.

Average Trading Volume: 345,843

Technical Sentiment Signal: Buy

Current Market Cap: A$151.4M

For a thorough assessment of MDX stock, go to TipRanks’ Stock Analysis page.

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