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Vinyl Group Ltd Proposes New Securities Issue

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Vinyl Group Ltd Proposes New Securities Issue

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The latest announcement is out from Jaxsta Limited ( (AU:VNL) ).

Vinyl Group Ltd announced a new issue of securities on the Australian Securities Exchange (ASX). The company plans to issue a maximum of 250,000 ordinary fully paid securities as part of a placement or other type of issue. This move is expected to impact the company’s operations by potentially enhancing its capital base and could influence its market positioning and stakeholder interests.

More about Jaxsta Limited

YTD Price Performance: 10.0%

Technical Sentiment Consensus Rating: Sell

Current Market Cap: $82.44M

For a thorough assessment of VNL stock, go to TipRanks’ Stock Analysis page.

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