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An announcement from Astro Resources NL ( (AU:VMS) ) is now available.
Venari Minerals NL, listed on the ASX under the ticker VMS, has announced the establishment of a share sale facility aimed at assisting shareholders holding less than a marketable parcel of shares, valued under $500, to sell their shares without incurring brokerage fees. This initiative is designed to reduce the administrative costs associated with maintaining numerous small shareholdings, and the company will cover all sale costs except for tax implications. Shareholders who do not wish to participate must submit a retention form by February 6, 2026. Director Tony Leibowitz and his associated entity intend to participate as purchasers in this process.
The most recent analyst rating on (AU:VMS) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Astro Resources NL stock, see the AU:VMS Stock Forecast page.
More about Astro Resources NL
Average Trading Volume: 195,864
Technical Sentiment Signal: Sell
Current Market Cap: A$12.15M
For detailed information about VMS stock, go to TipRanks’ Stock Analysis page.