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VHM Limited ( (AU:VHM) ) has provided an announcement.
VHM Limited has announced an equity raising initiative involving an underwritten placement of new fully paid ordinary shares to institutional investors and a non-underwritten share purchase plan for eligible shareholders. This move aims to strengthen the company’s financial position and support its strategic objectives, potentially impacting its market standing and offering opportunities for stakeholders to participate in the company’s growth.
The most recent analyst rating on (AU:VHM) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on VHM Limited stock, see the AU:VHM Stock Forecast page.
More about VHM Limited
Average Trading Volume: 755,764
Technical Sentiment Signal: Buy
Current Market Cap: A$121.8M
Find detailed analytics on VHM stock on TipRanks’ Stock Analysis page.