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Jaxsta Limited ( (AU:VNL) ) just unveiled an update.
Vinyl Group Ltd has announced a proposed issue of 19,959,737 ordinary fully paid securities, with an anticipated issue date of December 1, 2025. This move is part of a placement or other type of issue, and the company has submitted the necessary information to the ASX for potential quotation of these securities. The announcement indicates a strategic effort by Vinyl Group Ltd to potentially enhance its capital base, which could impact its market positioning and stakeholder interests.
More about Jaxsta Limited
Average Trading Volume: 525,034
Technical Sentiment Signal: Sell
Current Market Cap: A$120.3M
See more insights into VNL stock on TipRanks’ Stock Analysis page.