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An announcement from Black Cat Syndicate Ltd. ( (AU:BC8) ) is now available.
Black Cat Syndicate Limited has issued 212,865 new ordinary fully paid shares following the exercise of employee options granted under its Incentive Securities Plan. The issuance modestly increases the company’s equity base to 727,924,521 fully paid ordinary shares on issue (including escrowed shares) and a total of 27,946,949 options and performance rights outstanding, reflecting ongoing use of equity-based remuneration to align staff incentives with shareholder interests and providing transparency on the group’s evolving capital structure for investors.
The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.80 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.
More about Black Cat Syndicate Ltd.
Black Cat Syndicate Limited (ASX: BC8) is an Australian-listed resources company focused on gold exploration and development, operating within the mining sector and headquartered in Perth, Western Australia.
Average Trading Volume: 4,807,760
Technical Sentiment Signal: Buy
Current Market Cap: A$1.13B
Find detailed analytics on BC8 stock on TipRanks’ Stock Analysis page.