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Tasmea Ltd. Announces Proposed Securities Issue

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Tasmea Ltd. ( (AU:TEA) ) just unveiled an announcement.

Tasmea Ltd. has announced a proposed issue of 1,714,286 ordinary fully paid securities, with a planned issue date of May 6, 2025. This move is part of a placement or other type of issue, and the company seeks to have these securities quoted on the ASX. The announcement reflects Tasmea’s strategic efforts to potentially enhance its financial position and market presence.

More about Tasmea Ltd.

YTD Price Performance: -14.84%

Average Trading Volume: 232,293

Technical Sentiment Signal: Hold

Current Market Cap: A$607.5M

See more insights into TEA stock on TipRanks’ Stock Analysis page.

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