tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

NICO Resources Seeks ASX Quotation for 12.4 Million New Shares

Story Highlights
  • NICO Resources has applied to list 12.4 million new fully paid ordinary shares on the ASX.
  • The enlarged quoted capital base from 28 January 2026 may affect liquidity, funding flexibility and shareholder dilution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
NICO Resources Seeks ASX Quotation for 12.4 Million New Shares

Claim 50% Off TipRanks Premium

NICO Resources Limited ( (AU:NC1) ) has issued an update.

NICO Resources Limited has applied to the ASX for quotation of 12,435,846 new fully paid ordinary shares, to trade under its existing code NC1. The share issuance, previously flagged in an Appendix 3B, will expand the company’s quoted capital base from 28 January 2026 and may influence its liquidity and access to equity funding, with implications for existing shareholders through potential dilution and for investors monitoring changes in the company’s capital structure.

The most recent analyst rating on (AU:NC1) stock is a Hold with a A$0.35 price target. To see the full list of analyst forecasts on NICO Resources Limited stock, see the AU:NC1 Stock Forecast page.

More about NICO Resources Limited

Average Trading Volume: 337,596

Technical Sentiment Signal: Buy

Current Market Cap: A$41.04M

See more data about NC1 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1