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Urbanise.com Seeks ASX Quotation for Additional Ordinary Shares

Story Highlights
  • Urbanise.com has applied to quote 41,190 new fully paid ordinary shares on the ASX.
  • The small share issue arises from exercised or converted securities and slightly expands Urbanise.com’s capital base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Urbanise.com Seeks ASX Quotation for Additional Ordinary Shares

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Urbanise.com ( (AU:UBN) ) just unveiled an announcement.

Urbanise.com has applied to the ASX for quotation of 41,190 new fully paid ordinary shares under its ticker UBN, following the conversion or exercise of existing options or other convertible securities. The relatively small issuance marginally increases the company’s quoted capital base and reflects the ongoing process of bringing previously granted or convertible instruments onto the market, with limited immediate impact expected on existing shareholders or the company’s broader market positioning.

The most recent analyst rating on (AU:UBN) stock is a Sell with a A$0.50 price target. To see the full list of analyst forecasts on Urbanise.com stock, see the AU:UBN Stock Forecast page.

More about Urbanise.com

Average Trading Volume: 32,264

Technical Sentiment Signal: Hold

Current Market Cap: A$56.79M

For detailed information about UBN stock, go to TipRanks’ Stock Analysis page.

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