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The latest update is out from Global Oil & Gas ( (AU:CND) ).
Condor Energy Limited has applied to the ASX for quotation of 132,352,941 new ordinary fully paid shares under the code CND. The new securities, issued on May 7, 2026 following a previously announced transaction, will expand the company’s listed capital base and may influence its market liquidity and investor positioning.
The issuance reflects an ongoing capital management or transactional strategy previously communicated to the market. By moving to have these additional shares quoted, Condor Energy is formalizing their tradeability on the exchange, a step that can affect existing shareholders through changes in ownership structure and potential dilution effects.
More about Global Oil & Gas
Condor Energy Limited is an energy company listed on the ASX under the ticker CND. The company operates in the oil and gas sector, focusing on exploration and production activities aligned with the broader resources industry.
YTD Price Performance: -15.00%
Average Trading Volume: 1,455,260
Technical Sentiment Signal: Sell
Current Market Cap: A$12.19M
Find detailed analytics on CND stock on TipRanks’ Stock Analysis page.