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An announcement from Proteomics International Laboratories Ltd. ( (AU:PIQ) ) is now available.
Proteomics International Laboratories Ltd has lodged an application with the ASX for quotation of 32,430 new ordinary fully paid shares under the code PIQ. The additional securities arise from the exercise or conversion of existing options or other convertible securities, slightly increasing the company’s quoted share capital and potentially broadening its investor base, though the modest size of the issue suggests minimal immediate dilution for existing shareholders.
The most recent analyst rating on (AU:PIQ) stock is a Hold with a A$0.63 price target. To see the full list of analyst forecasts on Proteomics International Laboratories Ltd. stock, see the AU:PIQ Stock Forecast page.
More about Proteomics International Laboratories Ltd.
Average Trading Volume: 377,150
Technical Sentiment Signal: Buy
Current Market Cap: A$108.9M
For an in-depth examination of PIQ stock, go to TipRanks’ Overview page.