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An announcement from TMK Energy Limited ( (AU:TMK) ) is now available.
TMK Energy Limited is undergoing a capital reorganisation, consolidating its securities at a ratio of 55 to 1, due to limited liquidity and lack of institutional investor interest at current price levels. This move, requiring shareholder approval, is aligned with the company’s recent capital raise and aims to enhance trading conditions and investor appeal.
More about TMK Energy Limited
Current Market Cap: A$35.69M
See more insights into TMK stock on TipRanks’ Stock Analysis page.