tiprankstipranks
Trending News
More News >

Orbminco Limited Announces Proposed Securities Issue

Story Highlights
Orbminco Limited Announces Proposed Securities Issue

Woomera Mining Ltd. ( (AU:OB1) ) has issued an announcement.

Orbminco Limited has announced a proposed issue of securities, with a total of 1,083,295,041 ordinary fully paid securities to be issued as part of a non-renounceable pro rata offer. This issuance is scheduled with an ex-date of March 13, 2025, and a record date of March 14, 2025, with the offer closing on April 11, 2025, and the issue date set for April 17, 2025. The announcement reflects Orbminco’s strategic move to potentially raise capital, which could impact its market position and stakeholder interests.

More about Woomera Mining Ltd.

Technical Sentiment Consensus Rating: Hold

Current Market Cap: A$3.25M

Find detailed analytics on OB1 stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App