Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
BluGlass ( (AU:BLG) ) has shared an announcement.
BluGlass Limited has applied to the Australian Securities Exchange for quotation of 168,046 new fully paid ordinary shares, to trade under its existing ASX code BLG. The additional shares arise from the exercise or conversion of existing options or other convertible securities, modestly increasing the company’s quoted capital base and slightly diluting existing holders while providing incremental funding or balance sheet flexibility, though the release provides no further operational or strategic details.
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 data about BLG stock on TipRanks’ Stock Analysis page.