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Tasmea Ltd. ( (AU:TEA) ) just unveiled an update.
Tasmea Ltd. has announced a proposed issue of securities, with a total of 714,286 ordinary fully paid securities to be issued. This move, set for July 28, 2025, is part of a placement or other type of issue, and the company has applied for these securities to be quoted on the ASX. The announcement reflects Tasmea Ltd.’s ongoing efforts to strengthen its financial position and enhance its market presence, potentially impacting its stakeholders by increasing the company’s capital and market visibility.
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: 269,284
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$812.3M
For a thorough assessment of TEA stock, go to TipRanks’ Stock Analysis page.