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Amaero Options Lapse, Trimming Potential Future Dilution

Story Highlights
  • Amaero Ltd has confirmed that 282,600 listed options have lapsed unexercised.
  • The lapse of these options reduces potential shareholder dilution and simplifies Amaero’s capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Amaero Options Lapse, Trimming Potential Future Dilution

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Amaero International Ltd ( (AU:3DA) ) has shared an announcement.

Amaero Ltd has reported the lapse of 282,600 listed options (ASX code 3DAABL), which were due to expire on various dates at various exercise prices. The options have ceased because the conditions required for exercising these rights were not met or have become incapable of being satisfied, resulting in a modest reduction in potential future dilution for shareholders and a slight simplification of the company’s capital structure.

The most recent analyst rating on (AU:3DA) stock is a Hold with a A$0.24 price target. To see the full list of analyst forecasts on Amaero International Ltd stock, see the AU:3DA Stock Forecast page.

More about Amaero International Ltd

Average Trading Volume: 1,259,103

Technical Sentiment Signal: Sell

Current Market Cap: A$242.8M

See more insights into 3DA stock on TipRanks’ Stock Analysis page.

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