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Opyl Ltd. Announces Proposed Issue of New Securities

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Opyl Ltd. Announces Proposed Issue of New Securities

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Opyl Ltd. ( (AU:OPL) ) has provided an update.

Opyl Ltd. has announced a proposed issue of 24,164,190 new securities, which will be fully paid ordinary shares. These securities are to be issued at a price of $0.015 per share with an expiry date of three years from the date of issue. The proposed issue date for these securities is July 25, 2025. This move is part of a placement or other type of issue, and the company has applied for the quotation of these securities on the ASX. This issuance could potentially impact the company’s market positioning by increasing its capital base and providing additional resources for its operations.

More about Opyl Ltd.

Average Trading Volume: 981,607

Technical Sentiment Signal: Sell

Current Market Cap: A$6.11M

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

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