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Pacific Lime and Cement Limited ( (AU:PLA) ) has provided an announcement.
Pacific Lime and Cement Limited has applied for quotation on the ASX of 3,012,500 new CHESS Depositary Interests on a 1:1 basis under the code PLA. The securities, issued following the exercise or conversion of existing instruments, will expand the company’s quoted capital base and may enhance liquidity for investors without altering the core nature of its operations in the construction materials market.
The most recent analyst rating on (AU:PLA) stock is a Sell with a A$0.25 price target. To see the full list of analyst forecasts on Pacific Lime and Cement Limited stock, see the AU:PLA Stock Forecast page.
More about Pacific Lime and Cement Limited
Pacific Lime and Cement Limited operates in the building materials sector and is listed on the ASX under the code PLA. The company’s activities focus on lime and cement products, serving construction and infrastructure markets that rely on these core materials for industrial and development projects.
Average Trading Volume: 504,648
Technical Sentiment Signal: Sell
Current Market Cap: A$230.9M
For an in-depth examination of PLA stock, go to TipRanks’ Overview page.