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Xstate Resources Limited ( (AU:XST) ) has shared an update.
Xstate Resources Limited has announced the issuance of 37,707,129 ordinary fully paid securities, which are set to be quoted on the ASX. This move is part of a previously announced transaction and is expected to impact the company’s market operations by potentially increasing its capital base and enhancing its liquidity position.
More about Xstate Resources Limited
Xstate Resources Limited operates in the energy sector, focusing primarily on the exploration and development of oil and gas resources. The company is engaged in identifying and capitalizing on opportunities within the energy market, aiming to enhance its portfolio and market presence.
YTD Price Performance: 5.00%
Average Trading Volume: 7,789,620
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$5.28M
See more insights into XST stock on TipRanks’ Stock Analysis page.