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Prophecy International Seeks ASX Quotation for 6.5 Million New Shares

Story Highlights
  • Prophecy International has applied to quote 6.5 million new ordinary shares on the ASX.
  • The Appendix 2A filing expands Prophecy’s listed share base, with implications for dilution and liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Prophecy International Seeks ASX Quotation for 6.5 Million New Shares

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Prophecy International Holdings Ltd ( (AU:PRO) ) has shared an update.

Prophecy International Holdings Ltd has applied for quotation on the ASX of 6,500,000 ordinary fully paid shares under code PRO, with an issue date of March 2, 2026. The new securities arise from transactions previously flagged to the market, indicating an expansion of the company’s listed share base that may affect existing shareholder dilution and trading liquidity once quotation is granted.

The announcement, lodged on March 5, 2026, is structured as an Appendix 2A application under ASX Listing Rules. While it does not detail the underlying transaction, the move formalises the transition of these shares to quoted status, marking a further step in Prophecy International’s capital management and access to equity markets.

The most recent analyst rating on (AU:PRO) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on Prophecy International Holdings Ltd stock, see the AU:PRO Stock Forecast page.

More about Prophecy International Holdings Ltd

Prophecy International Holdings Ltd is an Australia-listed company on the ASX under the code PRO. The filing does not specify its industry or primary products, and no additional operational or market-focus details are provided in the announcement text.

Average Trading Volume: 152,525

Technical Sentiment Signal: Sell

Current Market Cap: A$7.38M

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

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