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The latest announcement is out from BluGlass ( (AU:BLG) ).
BluGlass Limited has notified the market of the issue of 66,669 unquoted options, exercisable at $0.38 and expiring on 31 May 2028. The move modestly increases the company’s pool of equity-linked instruments, potentially affecting future dilution for existing shareholders and forming part of its ongoing capital and incentive management strategy.
The most recent analyst rating on (AU:BLG) stock is a Hold with a A$0.24 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: 116,038
Technical Sentiment Signal: Sell
Current Market Cap: A$36.91M
For detailed information about BLG stock, go to TipRanks’ Stock Analysis page.