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Apollo Minerals Limited ( (AU:AON) ) has shared an update.
Apollo Minerals Limited has notified the market of the issue of 22 million unquoted options under its employee incentive scheme, with varying exercise prices and expiries between 2029 and 2030. The move underscores the company’s continued use of equity-based remuneration to incentivise staff and key stakeholders, potentially strengthening retention and alignment with shareholder interests without immediate dilution of ordinary share capital.
The most recent analyst rating on (AU:AON) stock is a Sell with a A$0.05 price target. To see the full list of analyst forecasts on Apollo Minerals Limited stock, see the AU:AON Stock Forecast page.
More about Apollo Minerals Limited
Apollo Minerals Limited is an Australian-listed resources company focused on mineral exploration and development. The company is listed on the ASX under the ticker AON and utilises equity-based incentive schemes to align employees and stakeholders with long-term value creation in the mining and resources sector.
YTD Price Performance: 450.0%
Average Trading Volume: 15,980,700
Technical Sentiment Signal: Buy
Current Market Cap: A$63.52M
Learn more about AON stock on TipRanks’ Stock Analysis page.