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Metal Bank Limited ( (AU:MBK) ) has provided an announcement.
Metal Bank Limited has announced a non-renounceable entitlement offer, allowing eligible shareholders to purchase one new share for every three shares they hold at a price of $0.014 per new share. The offer, which closes on October 31, 2025, is partially underwritten by Equator Capital Management Ltd, indicating a strategic move to raise capital and potentially strengthen the company’s financial position.
More about Metal Bank Limited
Average Trading Volume: 491,277
Technical Sentiment Signal: Buy
Current Market Cap: A$9.95M
For a thorough assessment of MBK stock, go to TipRanks’ Stock Analysis page.