TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Prospech Ltd. ( (AU:PRS) ) has issued an announcement.
Prospech Ltd. has announced a proposed issue of securities, involving the issuance of options and ordinary fully paid securities. The company plans to issue 54,117,984 options exercisable at $0.04 each, along with 108,235,968 ordinary fully paid shares. This move is part of a standard pro rata issue, which is renounceable, and aims to enhance the company’s capital structure. The offer is set to close on September 24, 2025, with the issue date on October 1, 2025.
More about Prospech Ltd.
Average Trading Volume: 573,843
Technical Sentiment Signal: Sell
Current Market Cap: A$6.82M
Find detailed analytics on PRS stock on TipRanks’ Stock Analysis page.