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An announcement from West Wits Mining Limited ( (AU:WWI) ) is now available.
West Wits Mining Limited has issued 2 million fully paid ordinary shares following the exercise of an equal number of unlisted options, expanding its share capital without undertaking a prospectus or formal disclosure to new investors. The company confirmed it remains compliant with its financial reporting and continuous disclosure obligations under the Corporations Act and that there is no excluded information, signalling that the capital move is procedural in nature and maintains transparency for existing shareholders and the market.
The most recent analyst rating on (AU:WWI) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on West Wits Mining Limited stock, see the AU:WWI Stock Forecast page.
More about West Wits Mining Limited
Average Trading Volume: 18,062,146
Technical Sentiment Signal: Buy
Current Market Cap: A$222.5M
For an in-depth examination of WWI stock, go to TipRanks’ Overview page.