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Playside Studios Ltd ( (AU:PLY) ) has shared an announcement.
PlaySide Studios Limited has successfully completed its Share Purchase Plan, raising $1.825 million to issue 9,125,000 fully paid ordinary shares. The funds will be used to bolster the company’s balance sheet and support marketing efforts for upcoming gaming launches in FY26. This follows a prior $6.47 million private placement, indicating strong investor interest and positioning PlaySide for future growth.
The most recent analyst rating on (AU:PLY) stock is a Buy with a A$0.43 price target. To see the full list of analyst forecasts on Playside Studios Ltd stock, see the AU:PLY Stock Forecast page.
More about Playside Studios Ltd
PlaySide Studios Limited operates in the gaming industry, focusing on developing and marketing interactive entertainment products. The company is known for its innovative gaming launches and aims to strengthen its market presence through strategic financial initiatives.
Average Trading Volume: 357,436
Technical Sentiment Signal: Sell
Current Market Cap: A$90.79M
See more insights into PLY stock on TipRanks’ Stock Analysis page.