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BluGlass Issues New Tranche of Unquoted Options

Story Highlights
  • BluGlass Limited has issued 168,046 unquoted options exercisable at A$0.38, expiring in May 2028.
  • The additional options modestly expand BluGlass’s equity-linked securities and may influence future dilution for shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
BluGlass Issues New Tranche of Unquoted Options

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The latest announcement is out from BluGlass ( (AU:BLG) ).

BluGlass Limited has issued 168,046 unquoted options (ASX code BLGAR) exercisable at A$0.38 and expiring on 31 May 2028. The new options, notified to the ASX via an Appendix 3G filing, modestly increase the company’s pool of equity-linked instruments, potentially affecting future capital structure and dilution outcomes for existing shareholders if exercised.

The most recent analyst rating on (AU:BLG) stock is a Hold with a A$0.32 price target. To see the full list of analyst forecasts on BluGlass stock, see the AU:BLG Stock Forecast page.

More about BluGlass

Average Trading Volume: 126,933

Technical Sentiment Signal: Sell

Current Market Cap: A$39.89M

See more insights into BLG stock on TipRanks’ Stock Analysis page.

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