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ADX Energy ( (AU:ADX) ) has provided an update.
The company has issued 1,098,957 unlisted nil-cost options expiring 31 January 2030 pursuant to a previously flagged Appendix 3B transaction, enlarging its unquoted incentive pool without diluting quoted equity. The expanded option grant signals ADX’s continued use of long-dated incentives to align personnel with its strategic development pipeline, potentially bolstering retention as it pursues projects within its European energy portfolio.
The most recent analyst rating on (AU:ADX) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on ADX Energy stock, see the AU:ADX Stock Forecast page.
More about ADX Energy
ADX Energy Ltd is an ASX-listed oil and gas explorer and developer focused on hydrocarbon prospects and production assets across Europe and North Africa.
Average Trading Volume: 1,909,184
Technical Sentiment Signal: Sell
Current Market Cap: A$23.21M
See more data about ADX stock on TipRanks’ Stock Analysis page.