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VHM Limited Launches Share Purchase Plan for Shareholders

Story Highlights
  • VHM Limited opens a Share Purchase Plan for shareholders in Australia and New Zealand.
  • The plan aims to raise $2 million by offering shares at $0.25 each, closing on June 10, 2025.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Confident Investing Starts Here:

An announcement from VHM Limited ( (AU:VHM) ) is now available.

VHM Limited, a company listed on the ASX, has announced the opening of a Share Purchase Plan (SPP) for its eligible shareholders in Australia and New Zealand. This plan allows shareholders to purchase new shares at $0.25 each, the same price as a recent placement that raised $8.25 million, with the aim to raise approximately $2 million through this initiative. The SPP is non-underwritten and will close on June 10, 2025, providing shareholders the option to apply for up to $30,000 worth of new shares, subject to reductions based on previous participations.

The most recent analyst rating on (AU:VHM) stock is a Buy with a A$1.15 price target. To see the full list of analyst forecasts on VHM Limited stock, see the AU:VHM Stock Forecast page.

More about VHM Limited

Average Trading Volume: 189,983

Technical Sentiment Signal: Sell

Current Market Cap: A$59.26M

Find detailed analytics on VHM stock on TipRanks’ Stock Analysis page.

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