AMA Group Plans Placement of Up to 2.8 Million New Shares
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AMA Group Limited has announced a proposed placement of up to 2,805,609 new fully paid ordinary shares on the ASX, scheduled for issue on 6 February 2026. This equity issuance aims to expand the company's capital base, potentially enhancing financial flexibility for operations or strategic initiatives, though it may dilute existing shareholders. The current analyst rating for AMA stock is a Hold, with a price target of A$0.75.
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