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AnteoTech Ltd ( (AU:ADO) ) has provided an announcement.
AnteoTech Ltd has announced the issue of 138,206,230 unlisted options with an exercise price of 3.5 cents and an expiry date of 31 January 2028. The options, which form part of a previously flagged transaction and are not intended to be quoted on the ASX, represent a significant potential source of future equity and may dilute existing shareholders if exercised, while providing the company with additional capital-raising flexibility.
The most recent analyst rating on (AU:ADO) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on AnteoTech Ltd stock, see the AU:ADO Stock Forecast page.
More about AnteoTech Ltd
Average Trading Volume: 1,936,326
Technical Sentiment Signal: Hold
Current Market Cap: A$40.91M
See more data about ADO stock on TipRanks’ Stock Analysis page.