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An announcement from TerraCom Limited ( (AU:TER) ) is now available.
TerraCom Limited has announced plans for a renounceable pro rata issue of up to 1,001,207,793 new ordinary fully paid shares, to be quoted on the ASX. The entitlement offer, with an ex-date of 30 December 2025, record date of 31 December 2025, and issue date of 27 January 2026, represents a significant potential expansion of the company’s share base and is likely aimed at raising substantial new equity capital, with implications for existing shareholders’ ownership stakes and the company’s future funding capacity.
The most recent analyst rating on (AU:TER) stock is a Hold with a A$0.09 price target. To see the full list of analyst forecasts on TerraCom Limited stock, see the AU:TER Stock Forecast page.
More about TerraCom Limited
Average Trading Volume: 4,248,406
Technical Sentiment Signal: Sell
Current Market Cap: A$72.89M
See more insights into TER stock on TipRanks’ Stock Analysis page.