tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Prominence Energy to List 570 Million Ordinary Securities on ASX

Story Highlights
  • Prominence Energy Limited is an energy sector company listed on the ASX under PRM.
  • The company announced the quotation of 570 million ordinary securities, expanding market liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Prominence Energy to List 570 Million Ordinary Securities on ASX

Claim 50% Off TipRanks Premium and Invest with Confidence

The latest announcement is out from Prominence Energy Limited ( (AU:PRM) ).

Prominence Energy Limited has announced the quotation of 570,000,000 fully paid ordinary securities as part of a previously disclosed transaction. This move is expected to support the company’s capital deployment strategy and enhance its market presence on the ASX, presenting potential opportunities for stakeholders and boosting liquidity for its securities.

More about Prominence Energy Limited

Prominence Energy Limited operates in the energy sector, focusing on the development and management of energy resources. The company trades on the Australian Securities Exchange (ASX) under the ticker PRM and is engaged in producing energy solutions aligned with market needs.

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$2.67M

See more data about PRM stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1