PhosCo Ltd ( (AU:PHO) ) has shared an announcement.
PhosCo Ltd has announced a proposed issue of securities, specifically ordinary fully paid shares, with a maximum of 100,701,456 securities to be issued. This non-renounceable pro rata issue is set to have its ex date on March 14, 2025, and the record date on March 17, 2025, with the offer closing on April 10, 2025, and the issue date on April 17, 2025. The announcement indicates a strategic move to raise capital, potentially impacting the company’s financial position and offering stakeholders an opportunity to invest further.
More about PhosCo Ltd
PhosCo Ltd is a company that operates within the industry of securities and financial services. The company is primarily focused on the issuance and management of securities, with a market focus on providing investment opportunities through the Australian Securities Exchange (ASX).
YTD Price Performance: -5.71%
Average Trading Volume: 77,736
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$19.02M
For a thorough assessment of PHO stock, go to TipRanks’ Stock Analysis page.