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Mindax Limited ( (AU:MDX) ) has shared an announcement.
Mindax Limited has issued 2,702,703 fully paid ordinary shares on 11 February 2026, expanding its share capital base. The new securities were issued without a disclosure document, in accordance with provisions of the Corporations Act that allow such placements under certain conditions.
The company confirmed it is in compliance with its financial reporting and continuous disclosure obligations and stated there is no withheld price-sensitive information relevant to assessing the new shares. As a result of this notice, the new shares qualify for secondary trading exemption, enabling investors to freely on-sell them without further disclosure requirements, which may support liquidity in the stock.
The most recent analyst rating on (AU:MDX) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Mindax Limited stock, see the AU:MDX Stock Forecast page.
More about Mindax Limited
Mindax Limited is an Australian-listed company engaged in mineral exploration and development. The company is traded on the ASX and issues fully paid ordinary shares as part of its capital management and funding activities in the resources sector.
Average Trading Volume: 87,579
Technical Sentiment Signal: Sell
Current Market Cap: A$94.25M
For a thorough assessment of MDX stock, go to TipRanks’ Stock Analysis page.