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Tasmea Ltd. ( (AU:TEA) ) has provided an update.
Tasmea Ltd. has announced a proposed issue of 1,583,000 ordinary fully paid securities, which will be placed or issued on the Australian Securities Exchange (ASX). This move is part of the company’s strategy to enhance its financial position and potentially expand its market presence. The issuance is scheduled for May 30, 2025, and reflects Tasmea Ltd.’s commitment to leveraging capital markets for growth and operational improvements.
The most recent analyst rating on (AU:TEA) stock is a Buy with a A$3.00 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: 239,316
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$683.4M
Learn more about TEA stock on TipRanks’ Stock Analysis page.