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The latest announcement is out from Forbidden Foods Ltd ( (AU:OMG) ).
OMG Group Limited has announced a proposed issuance of 7.5 million ordinary fully paid securities, with a planned issue date of December 10, 2025. This move is part of a placement or other type of issue, and the company has applied for these securities to be quoted on the ASX. This issuance could potentially impact the company’s market positioning by increasing its capital base, which may be used for future growth opportunities or operational needs.
More about Forbidden Foods Ltd
Average Trading Volume: 4,114,552
Technical Sentiment Signal: Sell
Current Market Cap: A$11.22M
For a thorough assessment of OMG stock, go to TipRanks’ Stock Analysis page.