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An announcement from Titomic Ltd ( (AU:TTT) ) is now available.
Titomic Ltd has announced the issuance of 35 million fully paid ordinary shares, which will be quoted on the Australian Securities Exchange (ASX) under the code TTT. This move is part of the company’s strategy to enhance its capital structure and potentially expand its market presence, reflecting a significant step in its growth trajectory and offering potential implications for investors and stakeholders.
The most recent analyst rating on (AU:TTT) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Titomic Ltd stock, see the AU:TTT Stock Forecast page.
More about Titomic Ltd
Titomic Ltd operates in the advanced manufacturing industry, specializing in additive manufacturing and 3D printing technologies. The company focuses on providing innovative solutions for industrial-scale production, leveraging its proprietary Titomic Kinetic Fusion technology to serve various sectors including aerospace, defense, and automotive.
Average Trading Volume: 3,155,443
Technical Sentiment Signal: Hold
Current Market Cap: A$330.5M
Learn more about TTT stock on TipRanks’ Stock Analysis page.