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The latest update is out from WA Kaolin Ltd. ( (AU:WAK) ).
WA Kaolin Limited has announced the completion of the distribution of its accelerated non-renounceable entitlement offer prospectus to eligible shareholders. The Retail Offer, which began on 12 February 2025, invites shareholders who did not participate in the Institutional Offer to partake, with the closing date set for 5 March 2025. This move aims to raise capital for the company’s operations, potentially impacting its market position and offering stakeholders an opportunity to invest further.
More about WA Kaolin Ltd.
WA Kaolin Limited operates in the mining industry, specializing in the extraction and processing of kaolin, a mineral used in various industrial applications. The company focuses on producing high-quality kaolin products for global markets, leveraging its substantial reserves in Western Australia.
YTD Price Performance: -16.00%
Average Trading Volume: 145,603
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$29.32M
Learn more about WAK stock on TipRanks’ Stock Analysis page.
