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IODM Ltd. Announces Proposed Issue of Securities

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IODM Ltd. Announces Proposed Issue of Securities

The latest update is out from IODM Ltd. ( (AU:IOD) ).

IODM Ltd. has announced a proposed issue of 3,163,014 ordinary fully paid securities, with the expected issue date set for March 4, 2025. This move is part of a placement or other type of issue, and the company has submitted the necessary information to the ASX for potential quotation of these securities. The announcement highlights the company’s ongoing efforts to manage its capital and potentially enhance its market presence.

More about IODM Ltd.

Average Trading Volume: 87,748

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$98.14M

For detailed information about IOD stock, go to TipRanks’ Stock Analysis page.

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