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Mindax Limited ( (AU:MDX) ) has shared an update.
Mindax Limited has announced a proposed issue of 58 million options as part of a new placement, with each option exercisable at $0.08 and expiring on 30 November 2026. The options, expected to be issued on 22 December 2025 and to be quoted on the ASX under the code MDXAT, represent a capital-raising initiative that could strengthen the company’s balance sheet and provide additional funding flexibility, with implications for existing shareholders through potential future dilution if the options are exercised.
More about Mindax Limited
Average Trading Volume: 204,629
Technical Sentiment Signal: Sell
Current Market Cap: A$102.5M
For a thorough assessment of MDX stock, go to TipRanks’ Stock Analysis page.