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Sprintex Limited to Quote 30 Million New Shares on ASX

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Sprintex Limited to Quote 30 Million New Shares on ASX

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Sprintex Limited ( (AU:SIX) ) has provided an announcement.

Sprintex Limited has announced the issuance of 30 million fully paid ordinary shares, which will be quoted on the Australian Securities Exchange (ASX) under the code SIX. This move is part of a previously announced transaction and aims to bolster the company’s financial position, potentially enhancing its market presence and providing additional resources for growth and development.

More about Sprintex Limited

Sprintex Limited operates in the automotive industry, focusing on the development and production of high-performance superchargers and related components. The company is known for its innovative solutions that enhance engine performance and fuel efficiency, catering to both the aftermarket and original equipment manufacturer (OEM) sectors.

Average Trading Volume: 389,539

Technical Sentiment Signal: Sell

Current Market Cap: A$31.46M

For detailed information about SIX stock, go to TipRanks’ Stock Analysis page.

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