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Redox Limited ( (AU:RDX) ) has issued an update.
Redox Limited announced the release of 276,563,815 fully paid ordinary shares from escrow, effective on 21 August 2025, in accordance with ASX Listing Rule 3.10A. This release marks a significant step for the company, potentially impacting its market positioning and providing increased liquidity for stakeholders, as these shares were initially restricted when Redox was admitted to the ASX Official List.
The most recent analyst rating on (AU:RDX) stock is a Buy with a A$4.50 price target. To see the full list of analyst forecasts on Redox Limited stock, see the AU:RDX Stock Forecast page.
More about Redox Limited
Established in 1965, Redox Limited is a prominent player in the chemical industry, marketing over 1,000 different chemicals, ingredients, and raw materials sourced from leading manufacturers. The company operates in Australia, New Zealand, Malaysia, and the United States, with a dedicated team of more than 400 employees and over 100 storage locations. Redox reported sales revenue exceeding $1.13 billion in the financial year 2024, emphasizing long-term partnerships and innovative, teamwork-based relationships.
Average Trading Volume: 793,750
Technical Sentiment Signal: Sell
Current Market Cap: A$1.25B
Find detailed analytics on RDX stock on TipRanks’ Stock Analysis page.