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Wisetech Global ( (AU:WTC) ) has shared an update.
Wisetech Global Limited has lodged an Appendix 3B notice with the ASX outlining a proposed issue of up to 45,201 fully paid ordinary shares under a placement or other type of securities issue, with an expected issue date of 2 February 2026. The additional equity issuance, while modest in size relative to the company’s market capitalisation, marginally expands Wisetech’s share base and provides incremental capital flexibility, signalling ongoing corporate activity that may support its broader growth and investment agenda in the logistics technology market.
The most recent analyst rating on (AU:WTC) stock is a Buy with a A$109.15 price target. To see the full list of analyst forecasts on Wisetech Global stock, see the AU:WTC Stock Forecast page.
More about Wisetech Global
Wisetech Global Limited is an Australian-listed technology company traded on the ASX under the code WTC, operating in the software sector with a focus on logistics and supply chain solutions for global freight-forwarding and related industries.
YTD Price Performance: 0.13%
Average Trading Volume: 1,046,145
Technical Sentiment Signal: Sell
Current Market Cap: A$22.9B
For an in-depth examination of WTC stock, go to TipRanks’ Overview page.