Metal Bank Limited (AU:MBK) has released an update.
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Metal Bank Limited is offering a non-renounceable entitlement offer, allowing eligible shareholders to purchase 1 new share for every 4 shares they hold at a price of $0.016 per share. This initiative, fully underwritten by Taylor Collison Limited, presents an opportunity for investors to increase their stake in the company before the offer closes on November 28, 2024.
For further insights into AU:MBK stock, check out TipRanks’ Stock Analysis page.