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Talga Group ( (AU:TLG) ) has issued an announcement.
Talga Group Ltd is offering up to 24,632,272 new shares at $0.40 each to raise a total of $9,852,909, along with up to 8,210,757 new options available to unrelated placement investors. This capital raising initiative is not underwritten and is aimed at enhancing the company’s financial position, though it is considered a speculative investment with associated risks.
The most recent analyst rating on (AU:TLG) stock is a Buy with a A$1.90 price target. To see the full list of analyst forecasts on Talga Group stock, see the AU:TLG Stock Forecast page.
More about Talga Group
Average Trading Volume: 423,974
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$178.4M
For detailed information about TLG stock, go to TipRanks’ Stock Analysis page.