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Empire Energy Group Limited ( (AU:BTL) ) has issued an announcement.
Beetaloo Energy Australia Limited has lodged an application with the ASX for the quotation of 6,250 new ordinary fully paid shares, to be issued on 28 January 2026. The relatively small share issuance arises from the exercise or conversion of existing options or other convertible securities, marginally increasing the company’s quoted capital base and reflecting routine capital management rather than a major strategic shift for shareholders or the broader market.
The most recent analyst rating on (AU:BTL) stock is a Hold with a A$0.25 price target. To see the full list of analyst forecasts on Empire Energy Group Limited stock, see the AU:BTL Stock Forecast page.
More about Empire Energy Group Limited
Beetaloo Energy Australia Limited, listed on the ASX under the code BTL, operates in the energy sector. The company is an Australian issuer focused on activities that require access to equity capital markets, as evidenced by its regular engagement with the ASX listing and quotation process for its fully paid ordinary shares.
Average Trading Volume: 1,474,510
Technical Sentiment Signal: Buy
Current Market Cap: A$311M
For an in-depth examination of BTL stock, go to TipRanks’ Overview page.