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PhosCo Ltd ( (AU:PHO) ) has issued an update.
PhosCo Ltd has issued 41,666,667 fully paid ordinary shares at $0.12 each to sophisticated and professional investors under a placement announced earlier in February 2026. The company has lodged the necessary documentation and confirmed its compliance with Australian corporate reporting and disclosure obligations, indicating there is no excluded information that would affect the new share issue or existing shareholders.
The most recent analyst rating on (AU:PHO) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on PhosCo Ltd stock, see the AU:PHO Stock Forecast page.
More about PhosCo Ltd
PhosCo Ltd is an ASX-listed company based in Melbourne, Australia. The firm issues fully paid ordinary shares to sophisticated and professional investors as part of its capital-raising activities in the Australian market.
Average Trading Volume: 192,804
Technical Sentiment Signal: Buy
Current Market Cap: A$57.95M
For a thorough assessment of PHO stock, go to TipRanks’ Stock Analysis page.