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Wildcat Resources Clears Secondary Trading for 11 Million New Shares

Story Highlights
  • Wildcat Resources has issued 11 million new fully paid ordinary shares without a prospectus.
  • The company affirms compliance with reporting and disclosure rules, enabling secondary trading of the new shares.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Wildcat Resources Clears Secondary Trading for 11 Million New Shares

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The latest announcement is out from Wildcat Resources Ltd. ( (AU:WC8) ).

Wildcat Resources has issued 11 million fully paid ordinary shares without a prospectus and has lodged the required notice under section 708A(5) of the Corporations Act to enable secondary trading of those shares without further disclosure. The company confirms it is up to date with its financial reporting and continuous disclosure obligations and states there is no withheld information that investors would reasonably require to assess its financial position, prospects, or the rights attached to the new shares, thereby supporting market confidence around the placement and its tradability.

The most recent analyst rating on (AU:WC8) stock is a Hold with a A$0.25 price target. To see the full list of analyst forecasts on Wildcat Resources Ltd. stock, see the AU:WC8 Stock Forecast page.

More about Wildcat Resources Ltd.

Average Trading Volume: 6,393,484

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$429.6M

Find detailed analytics on WC8 stock on TipRanks’ Stock Analysis page.

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