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Orbital Corporation Issues 3 Million Unquoted Securities

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Orbital Corporation Issues 3 Million Unquoted Securities

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Orbital Corporation Limited ( (AU:OEC) ) has shared an announcement.

Orbital Corporation Limited has announced the issuance of 3,000,000 unquoted securities in the form of Lead Manager Options, as part of a transaction previously announced to the market. This move, detailed in their latest Appendix 3G notification, reflects the company’s ongoing financial strategies and could potentially impact its market positioning by enhancing its capital structure.

More about Orbital Corporation Limited

Average Trading Volume: 592,106

Technical Sentiment Signal: Buy

Current Market Cap: A$37.08M

For detailed information about OEC stock, go to TipRanks’ Stock Analysis page.

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