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The latest announcement is out from Duxton Water Ltd. ( (AU:RIV) ).
Rivco Australia Ltd has applied to the ASX for quotation of 249,072 new ordinary fully paid shares under the code RIV, with an issue date of 30 April 2026.
The new securities are being issued under a dividend or distribution plan, modestly expanding the company’s quoted capital base and providing shareholders with additional equity in lieu of cash, which may support liquidity in the stock and signal confidence in its capital management approach.
The most recent analyst rating on (AU:RIV) stock is a Buy with a A$1.65 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:RIV Stock Forecast page.
More about Duxton Water Ltd.
Average Trading Volume: 93,626
Technical Sentiment Signal: Buy
Current Market Cap: A$226.3M
For detailed information about RIV stock, go to TipRanks’ Stock Analysis page.