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PhosCo Ltd ( (AU:PHO) ) has provided an announcement.
PhosCo Ltd has announced the issuance of nearly 2 million fully paid ordinary securities to be quoted on the Australian Securities Exchange (ASX). This move is part of an effort to enhance liquidity and provide additional capital support for the company’s strategic initiatives, potentially strengthening its market position and offering increased value to shareholders.
More about PhosCo Ltd
PhosCo Ltd operates in the chemical industry, focusing on the production and distribution of phosphate-based products. The company is known for its involvement in the agricultural and industrial markets, providing essential raw materials for fertilizers and other phosphate-related applications.
YTD Price Performance: -2.86%
Average Trading Volume: 235,029
Technical Sentiment Consensus Rating: Sell
Current Market Cap: A$19.3M
Find detailed analytics on PHO stock on TipRanks’ Stock Analysis page.
