IODM Ltd. (AU:IOD) has released an update.
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IODM Ltd. has issued 2,887,770 ordinary fully paid shares at a price of 16.5 cents each without a disclosure document, in compliance with Australian securities regulations. This move, under section 708A(5)(e) of the Corporations Act, highlights the company’s adherence to the required legal frameworks, ensuring transparency and confidence among investors.
For further insights into AU:IOD stock, check out TipRanks’ Stock Analysis page.