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Clean TeQ Water Ltd ( (AU:CNQ) ) has provided an update.
Clean TeQ Water has notified the market that 84,123 performance rights, listed under the ASX code CNQAP and expiring on various dates, have lapsed after the underlying conditions were not met or became incapable of being satisfied as of 31 March 2026. The lapse of these conditional rights reduces the company’s pool of potential equity issuance, slightly tightening its future dilution profile and signalling that certain performance or service hurdles for those incentives were not achieved.
The most recent analyst rating on (AU:CNQ) stock is a Hold with a A$0.36 price target. To see the full list of analyst forecasts on Clean TeQ Water Ltd stock, see the AU:CNQ Stock Forecast page.
More about Clean TeQ Water Ltd
Clean TeQ Water Ltd is an Australian-listed company operating in the water treatment and purification sector. The company is listed on the ASX under the code CNQ and manages its capital structure through a mix of ordinary securities and performance-based equity instruments tied to specified conditions.
Average Trading Volume: 93,660
Technical Sentiment Signal: Buy
Current Market Cap: A$30.95M
For a thorough assessment of CNQ stock, go to TipRanks’ Stock Analysis page.