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Tasmea Ltd. Issues New Securities on ASX

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Tasmea Ltd. ( (AU:TEA) ) has issued an announcement.

Tasmea Ltd. has announced the issuance of 2,222,926 ordinary fully paid securities to be quoted on the Australian Securities Exchange (ASX) under the code TEA. This move is part of a dividend or distribution plan and is expected to enhance the company’s market presence and liquidity, potentially benefiting stakeholders by increasing the availability of shares for trading.

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: 248,566

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$646.6M

For a thorough assessment of TEA stock, go to TipRanks’ Stock Analysis page.

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