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The latest update is out from WAM Income Maximiser Limited ( (AU:WMX) ).
WAM Income Maximiser Limited announced a proposed issue of securities, consisting of a securities purchase plan and a placement, to raise capital. The company plans to issue a maximum of 30,049,620 ordinary fully paid securities under the purchase plan and 75,000,000 under the placement, which could impact its market positioning and provide additional resources for growth and operational activities.
More about WAM Income Maximiser Limited
WAM Income Maximiser Limited operates in the financial services industry, focusing on investment management and income maximization strategies. The company is known for offering securities and investment products aimed at providing stable income returns to its stakeholders.
Average Trading Volume: 193,039
Technical Sentiment Signal: Strong Buy
Learn more about WMX stock on TipRanks’ Stock Analysis page.