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The latest announcement is out from Osmond Resources Limited ( (AU:OSM) ).
Osmond Resources Limited has applied to the ASX for quotation of 11 million new fully paid ordinary shares under the code OSM, expanding its listed securities on the market. The move formalises the issuance of these securities, potentially increasing the company’s liquidity and broadening its shareholder base, which may support future capital-raising flexibility and market visibility for investors.
The most recent analyst rating on (AU:OSM) stock is a Hold with a A$0.66 price target. To see the full list of analyst forecasts on Osmond Resources Limited stock, see the AU:OSM Stock Forecast page.
More about Osmond Resources Limited
Average Trading Volume: 177,417
Technical Sentiment Signal: Hold
Current Market Cap: A$87.01M
See more insights into OSM stock on TipRanks’ Stock Analysis page.