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Vinyl Group Seeks Quotation of 5.8 Million New Shares on ASX

Story Highlights
  • Vinyl Group has applied to quote 5.78 million new fully paid ordinary shares on the ASX.
  • The expanded share capital may dilute existing holders while supporting future funding needs.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Vinyl Group Seeks Quotation of 5.8 Million New Shares on ASX

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Jaxsta Limited ( (AU:VNL) ) just unveiled an announcement.

Vinyl Group Ltd, listed on the ASX under the code VNL, has applied for quotation of 5,783,021 new fully paid ordinary shares, issued on 7 January 2026, under the ASX Appendix 2A process. The additional securities, linked to a previously announced transaction, will increase the company’s quoted share capital, potentially affecting existing shareholders’ dilution and enhancing the company’s capacity to fund its strategic and operational activities through the equity markets.

The most recent analyst rating on (AU:VNL) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Jaxsta Limited stock, see the AU:VNL Stock Forecast page.

More about Jaxsta Limited

Average Trading Volume: 273,467

Technical Sentiment Signal: Sell

Current Market Cap: A$113.5M

For an in-depth examination of VNL stock, go to TipRanks’ Overview page.

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