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Butn Limited ( (AU:BTN) ) has provided an announcement.
Butn Limited announced the issuance of 500,000 unquoted options set to expire on August 25, 2028, with an exercise price of $0.12. This issuance is part of a previously announced transaction, and the options are not intended to be quoted on the ASX, indicating a strategic move to strengthen its financial position and potentially reward stakeholders.
More about Butn Limited
Butn Limited operates in the financial services industry, focusing on providing innovative funding solutions to businesses. The company specializes in offering cash flow solutions through invoice financing and other financial products, targeting small to medium enterprises to enhance their liquidity and operational efficiency.
Average Trading Volume: 47,870
Technical Sentiment Signal: Sell
Current Market Cap: A$34.19M
For a thorough assessment of BTN stock, go to TipRanks’ Stock Analysis page.