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Cauldron Energy ( (AU:CXU) ) has provided an update.
Cauldron Energy Limited has notified the ASX that 15,904,684 CXUO options have ceased following their expiry without being exercised. The expiration of these options reduces the company’s pool of potential future equity dilution and slightly simplifies its capital structure, with no immediate cash inflow from option exercises and limited direct operational impact indicated in the filing.
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
Cauldron Energy Limited, listed on the ASX under the code CXU, operates in the resources and energy sector and is engaged in developing energy-related mineral assets, positioning itself within Australia’s broader mining and exploration industry.
Average Trading Volume: 3,457,829
Technical Sentiment Signal: Buy
Current Market Cap: A$46.03M
For an in-depth examination of CXU stock, go to TipRanks’ Overview page.