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Adherium Ltd. ( (AU:ADR) ) has shared an update.
Adherium Ltd has issued 237,075,105 unquoted options, each exercisable at $0.02 and expiring on 5 December 2028, under its existing capital management arrangements. The substantial grant of long-dated, unquoted options, which are not intended to be listed on the ASX, expands the company’s pool of derivative securities and may influence future capital structure and potential dilution outcomes for existing shareholders, depending on the rate and timing of option exercise.
The most recent analyst rating on (AU:ADR) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Adherium Ltd. stock, see the AU:ADR Stock Forecast page.
More about Adherium Ltd.
Technical Sentiment Signal: Sell
Current Market Cap: A$15.07M
For detailed information about ADR stock, go to TipRanks’ Stock Analysis page.