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PolarX Seeks ASX Quotation for 1.59 Million New Shares

Story Highlights
  • PolarX has applied to quote 1,588,794 new fully paid ordinary shares on the ASX.
  • The new share issue modestly enlarges PolarX’s equity base, impacting dilution and market liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
PolarX Seeks ASX Quotation for 1.59 Million New Shares

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PolarX Ltd ( (AU:PXX) ) just unveiled an update.

PolarX Ltd has applied to the ASX for quotation of 1,588,794 new fully paid ordinary shares under the code PXX, following a previously notified transaction. The additional securities, issued on 14 January 2026, will expand the company’s quoted share capital, modestly increasing the equity base and potentially affecting existing shareholders’ dilution and trading liquidity once the new shares commence trading.

The most recent analyst rating on (AU:PXX) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on PolarX Ltd stock, see the AU:PXX Stock Forecast page.

More about PolarX Ltd

Average Trading Volume: 3,659,932

Technical Sentiment Signal: Buy

Current Market Cap: A$57.09M

See more insights into PXX stock on TipRanks’ Stock Analysis page.

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