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Amplitude Energy ( (AU:AEL) ) has shared an announcement.
Amplitude Energy Limited has announced the opening of its retail entitlement offer as part of a fully underwritten accelerated non-renounceable entitlement offer. This initiative is aimed at raising capital and involves the distribution of a Retail Offer Booklet and personalized Entitlement and Acceptance Form to eligible retail shareholders in Australia and New Zealand. The offer opens on 30 September 2025 and closes on 9 October 2025. This move is expected to strengthen Amplitude Energy’s financial position and support its strategic objectives in the gas production sector, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (AU:AEL) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on Amplitude Energy stock, see the AU:AEL Stock Forecast page.
More about Amplitude Energy
Amplitude Energy Limited is an Australian gas production company focused on supplying the Southeast domestic gas market. The company owns and operates offshore gas fields in Commonwealth waters and onshore processing plants in the Otway and Gippsland Basins, close to Australia’s largest gas demand centers. It also has non-operated oil production in the Cooper Basin and holds a portfolio of long-term customer gas supply contracts, with exposure to the Australian East Coast spot gas markets. Additionally, Amplitude Energy has exploration and development prospects in the Otway and Gippsland Basins, including undeveloped resources such as the Annie and Manta gas fields.
YTD Price Performance: 16.92%
Average Trading Volume: 5,677,554
Technical Sentiment Signal: Buy
Current Market Cap: A$721.2M
See more data about AEL stock on TipRanks’ Stock Analysis page.