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The latest announcement is out from QPM Energy ( (AU:QPM) ).
QPM Energy Limited has applied to the ASX for quotation of 104,965,699 new fully paid ordinary shares, expanding its listed securities on the market. The issuance, conducted under previously announced transactions, will increase the company’s free float and trading liquidity, with implications for existing shareholders’ dilution and QPM Energy’s capacity to access additional equity capital for its operations and growth initiatives.
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
Average Trading Volume: 6,483,188
Technical Sentiment Signal: Hold
Current Market Cap: A$157.4M
See more insights into QPM stock on TipRanks’ Stock Analysis page.