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Quantum Graphite Ltd ( (AU:QGL) ) has issued an update.
Quantum Graphite Limited has lodged an application with the ASX for the quotation of 4,477,500 ordinary fully paid shares, with an issue date of 20 December 2024. The move formalises the listing of these previously issued securities, modestly increasing the company’s free float and potentially enhancing liquidity for shareholders as the additional shares become tradable on the market.
More about Quantum Graphite Ltd
Quantum Graphite Limited is an Australian-listed company (ASX: QGL) operating in the resources sector, with its securities traded on the Australian Securities Exchange. The company issues ordinary fully paid shares as its primary listed security, providing investors exposure to its activities in the graphite and related resources market.
Average Trading Volume: 69,006
Technical Sentiment Signal: Sell
Current Market Cap: A$124.2M
For a thorough assessment of QGL stock, go to TipRanks’ Stock Analysis page.