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Black Cat Syndicate Issues New Shares Following Option Exercise

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Black Cat Syndicate Issues New Shares Following Option Exercise

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Black Cat Syndicate Ltd. ( (AU:BC8) ) has provided an announcement.

Black Cat Syndicate Limited has announced the issuance of 440,671 ordinary fully paid shares following the exercise of listed options priced at $0.3375, which are set to expire on November 14, 2025. This move is part of the company’s ongoing capital management strategy, reflecting its efforts to optimize its capital structure and enhance shareholder value.

The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.60 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.

Average Trading Volume: 6,379,268

Technical Sentiment Signal: Buy

Current Market Cap: A$736.3M

Learn more about BC8 stock on TipRanks’ Stock Analysis page.

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