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BPM Minerals Seeks ASX Quotation for 1.1 Million Employee Incentive Shares

Story Highlights
  • BPM Minerals has applied to list 1.1 million fully paid ordinary shares on the ASX.
  • These shares stem from an employee incentive scheme and will expand BPM’s free float and liquidity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
BPM Minerals Seeks ASX Quotation for 1.1 Million Employee Incentive Shares

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BPM Minerals Ltd. ( (AU:BPM) ) has provided an update.

BPM Minerals Ltd has applied to the ASX for quotation of 1,100,000 fully paid ordinary shares that were previously issued under an employee incentive scheme and are now becoming transferable. The move modestly increases the company’s freely tradeable share base, reflecting the vesting of staff incentives and slightly expanding liquidity for existing and prospective shareholders.

The most recent analyst rating on (AU:BPM) stock is a Hold with a A$0.22 price target. To see the full list of analyst forecasts on BPM Minerals Ltd. stock, see the AU:BPM Stock Forecast page.

More about BPM Minerals Ltd.

Average Trading Volume: 393,936

Technical Sentiment Signal: Buy

Current Market Cap: A$23.23M

Find detailed analytics on BPM stock on TipRanks’ Stock Analysis page.

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