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Woomera Mining Ltd. ( (AU:OB1) ) just unveiled an announcement.
Orbminco Limited has announced the placement of 500,000,000 ordinary fully paid shares under an Entitlement Offer, which will be quoted on the ASX with the security code OB1. This move, effective June 4, 2025, is part of the company’s strategy to address the shortfall in shares from the previously announced offer, potentially impacting its market position and shareholder value.
More about Woomera Mining Ltd.
Technical Sentiment Signal: Hold
Current Market Cap: A$2.4M
Learn more about OB1 stock on TipRanks’ Stock Analysis page.