tiprankstipranks

Mindax Limited Announces New Share Issue for Secondary Trading

Story Highlights
Mindax Limited Announces New Share Issue for Secondary Trading

Mindax Limited ( (AU:MDX) ) has shared an update.

Mindax Limited has issued 112,690,908 fully paid ordinary shares, allowing for secondary trading under the exemption provided by section 708A(5) of the Corporations Act 2001. This move indicates compliance with regulatory requirements and ensures transparency, potentially enhancing investor confidence and market positioning.

More about Mindax Limited

Mindax Limited operates in the mining industry, focusing on the exploration and development of mineral resources in Australia. The company is involved in the production and sale of various minerals, catering to both domestic and international markets.

YTD Price Performance: 12.50%

Average Trading Volume: 245,005

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$97.11M

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

Questions or Comments about the article? Write to editor@tipranks.com

Questions or Comments about the article? Write to editor@tipranks.com
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App