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Orbital Corporation Limited ( (AU:OEC) ) has shared an announcement.
Orbital Corporation Limited has announced a proposed issue of 14,285,714 ordinary fully paid securities, with a proposed issue date of August 28, 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 Australian Securities Exchange (ASX). The announcement indicates a strategic effort by Orbital Corporation to potentially raise capital or expand its shareholder base, which could impact its market positioning and stakeholder interests.
More about Orbital Corporation Limited
Average Trading Volume: 504,023
Technical Sentiment Signal: Buy
Current Market Cap: A$51.08M
Learn more about OEC stock on TipRanks’ Stock Analysis page.