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The latest update is out from Moho Resources Ltd. ( (AU:MOH) ).
Moho Resources Limited has announced the issuance of 4,156,372 ordinary fully paid shares as non-cash consideration for settling rent payable. This issuance is not part of a capital raising effort and falls within the company’s existing placement capacity under Listing Rule 7.1, indicating a strategic financial management move without diluting existing shareholder value.
More about Moho Resources Ltd.
Average Trading Volume: 8,559,708
Technical Sentiment Signal: Sell
Current Market Cap: A$7.09M
See more insights into MOH stock on TipRanks’ Stock Analysis page.