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Tasmea Ltd. ( (AU:TEA) ) has provided an update.
Tasmea Ltd. has announced a proposed issue of 2,222,926 ordinary fully paid securities, which are intended to be quoted on the ASX. This move is part of a placement or other type of issue, with the proposed issue date set for May 15, 2025. The announcement indicates a strategic step for Tasmea Ltd., potentially impacting its market presence and providing new opportunities for stakeholders.
The most recent analyst rating on (AU:TEA) stock is a Buy with a A$2.25 price target. To see the full list of analyst forecasts on Tasmea Ltd. stock, see the AU:TEA Stock Forecast page.
More about Tasmea Ltd.
Average Trading Volume: 241,658
Technical Sentiment Signal: Buy
Current Market Cap: A$598.3M
Learn more about TEA stock on TipRanks’ Stock Analysis page.