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VHM Limited ( (AU:VHM) ) has issued an update.
VHM Limited has announced an equity raising initiative involving a partially underwritten placement of new shares to institutional investors and a non-underwritten share purchase plan for eligible shareholders. This move is aimed at strengthening the company’s financial position and supporting its ongoing operations. The equity raising is expected to have implications for the company’s market positioning and stakeholder interests, as it seeks to leverage new capital for growth and development.
More about VHM Limited
Average Trading Volume: 139,137
Technical Sentiment Signal: Hold
Current Market Cap: A$66.84M
Learn more about VHM stock on TipRanks’ Stock Analysis page.