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The latest update is out from QPM Energy ( (AU:QPM) ).
QPM Energy Limited has announced an extraordinary general meeting to discuss and ratify several key resolutions, including the issuance of shares and options to investors and Macquarie Bank Limited. These measures aim to provide financial flexibility as the company advances towards a final investment decision for the Isaac Energy Hub project. The meeting will also address shareholder voting procedures and encourage electronic communication to reduce environmental impact.
The most recent analyst rating on (AU:QPM) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on QPM Energy stock, see the AU:QPM Stock Forecast page.
More about QPM Energy
QPM Energy Limited operates in the energy industry, focusing on the development and management of energy projects. The company is currently involved in launching the Isaac Energy Hub, which includes the 112MW Isaac Power Station, indicating its commitment to expanding its energy infrastructure.
Average Trading Volume: 6,527,349
Technical Sentiment Signal: Sell
Current Market Cap: A$138.2M
See more insights into QPM stock on TipRanks’ Stock Analysis page.