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Norfolk Metals Seeks ASX Quotation for 20 Million New Shares

Story Highlights
  • Norfolk Metals has applied to quote 20 million new fully paid ordinary shares.
  • The additional quoted securities expand NFL’s capital base and may affect shareholder liquidity and structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Norfolk Metals Seeks ASX Quotation for 20 Million New Shares

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Norfolk Metals Ltd. ( (AU:NFL) ) has shared an update.

Norfolk Metals Ltd., listed on the ASX under the code NFL, has applied for quotation of 20 million new fully paid ordinary shares, with the securities issued on 16 January 2026 under previously announced arrangements. The move expands the company’s quoted capital base and signals an intention to bring additional previously issued securities onto the market, which may affect liquidity and ownership structure for existing and prospective shareholders.

The most recent analyst rating on (AU:NFL) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Norfolk Metals Ltd. stock, see the AU:NFL Stock Forecast page.

More about Norfolk Metals Ltd.

Average Trading Volume: 195,824

Technical Sentiment Signal: Buy

Current Market Cap: A$8.89M

Find detailed analytics on NFL stock on TipRanks’ Stock Analysis page.

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