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Prominence Energy Limited ( (AU:PRM) ) has shared an announcement.
Prominence Energy Limited has applied to the ASX for quotation of 237.5 million new fully paid ordinary shares. The issue of these additional securities, arising from the exercise or conversion of existing instruments, will significantly expand the company’s quoted share capital and may affect its capital structure and liquidity profile for investors.
The most recent analyst rating on (AU:PRM) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Prominence Energy Limited stock, see the AU:PRM Stock Forecast page.
More about Prominence Energy Limited
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$4.38M
For detailed information about PRM stock, go to TipRanks’ Stock Analysis page.