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Wrkr Plans Major Share Placement of Over 90 Million Shares

Story Highlights
  • Wrkr Ltd plans to issue up to 90,909,091 new fully paid ordinary shares via a placement.
  • The proposed equity raising will expand Wrkr’s capital base, with potential dilution for existing shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Wrkr Plans Major Share Placement of Over 90 Million Shares

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Wrkr Ltd ( (AU:WRK) ) has provided an announcement.

Wrkr Ltd has notified the ASX of a proposed placement of up to 90,909,091 new fully paid ordinary shares, with the issue targeted for 5 February 2026. The capital raising, disclosed through an Appendix 3B filing, signals an intention to expand the company’s equity base, which may dilute existing shareholders but provides additional funding capacity for future corporate or operational initiatives once completed and quoted on the exchange.

The most recent analyst rating on (AU:WRK) stock is a Buy with a A$0.16 price target. To see the full list of analyst forecasts on Wrkr Ltd stock, see the AU:WRK Stock Forecast page.

More about Wrkr Ltd

Average Trading Volume: 1,359,115

Technical Sentiment Signal: Buy

Current Market Cap: A$228M

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

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