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Praemium Ltd ( (AU:PPS) ) just unveiled an update.
Praemium Limited has applied to the ASX for quotation of 9,047,045 new fully paid ordinary shares under the ticker PPS. The additional securities, issued as part of a previously announced transaction, will expand the company’s quoted share capital and may enhance its market liquidity and capacity to fund strategic or operational initiatives.
The most recent analyst rating on (AU:PPS) stock is a Buy with a A$1.15 price target. To see the full list of analyst forecasts on Praemium Ltd stock, see the AU:PPS Stock Forecast page.
More about Praemium Ltd
Average Trading Volume: 787,763
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$375.6M
For an in-depth examination of PPS stock, go to TipRanks’ Overview page.