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The latest announcement is out from Nanoveu Ltd. ( (AU:NVU) ).
Nanoveu Limited has issued 250,000 new ordinary shares following the exercise of unlisted options, modestly expanding its share capital. The company confirmed the shares were issued without a prospectus in reliance on provisions of the Corporations Act, stating it remains compliant with its reporting obligations and that there is no excluded information, signalling a routine capital management move with limited immediate operational impact but incremental funding flexibility for its advanced technology portfolio.
The most recent analyst rating on (AU:NVU) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Nanoveu Ltd. stock, see the AU:NVU Stock Forecast page.
More about Nanoveu Ltd.
Nanoveu Limited is a technology company focused on advanced semiconductors, visualisation and materials science, with a portfolio spanning AI-enabled systems-on-chip through its EMASS technology, glasses-free 3D display solutions under the EyeFly3D platform, and Nanoshield antimicrobial and antiviral surface films for applications ranging from consumer devices to marine and solar infrastructure. These offerings position Nanoveu in the growing markets for 3D content, AI and edge computing, as well as specialised protective coatings for industrial and commercial uses.
Average Trading Volume: 3,114,249
Technical Sentiment Signal: Buy
Current Market Cap: A$98.71M
See more data about NVU stock on TipRanks’ Stock Analysis page.