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Cauldron Energy ( (AU:CXU) ) has issued an update.
Cauldron Energy Limited, a company listed on the Australian Securities Exchange under the ticker CXU, has announced the issuance of 4,241,567 fully paid ordinary shares following the conversion of options. This action was taken without the need for disclosure to investors under Part 6D.2 of the Corporations Act 2001, and the company confirms its compliance with relevant legislative provisions, indicating a strategic move to potentially enhance its capital structure.
The most recent analyst rating on (AU:CXU) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Cauldron Energy stock, see the AU:CXU Stock Forecast page.
More about Cauldron Energy
YTD Price Performance: 81.82%
Average Trading Volume: 4,742,985
Technical Sentiment Signal: Hold
Current Market Cap: A$35.9M
See more data about CXU stock on TipRanks’ Stock Analysis page.