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Alpha HPA Limited ( (AU:A4N) ) has issued an announcement.
Alpha HPA Limited has announced a proposed issue of 20 million new securities, specifically options expiring on October 31, 2029, with an exercise price of $1.00. This move is part of the company’s strategic efforts to raise capital, potentially enhancing its market position and supporting its growth initiatives in the advanced materials sector.
The most recent analyst rating on (AU:A4N) stock is a Hold with a A$1.00 price target. To see the full list of analyst forecasts on Alpha HPA Limited stock, see the AU:A4N Stock Forecast page.
More about Alpha HPA Limited
Alpha HPA Limited operates in the advanced materials industry, focusing on the production of high purity alumina and related products. The company is known for its innovative approaches in the high purity alumina market, catering to sectors such as LED lighting, lithium-ion batteries, and other high-tech applications.
Average Trading Volume: 1,298,390
Technical Sentiment Signal: Hold
Current Market Cap: A$858.6M
For an in-depth examination of A4N stock, go to TipRanks’ Overview page.