tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Cosol Securities Lapse Reduces Potential Equity Dilution

Story Highlights
  • Cosol Limited reported the lapse of performance rights and options after conditions failed.
  • Around 2.6 million potential securities ceased, reducing future equity dilution risk.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cosol Securities Lapse Reduces Potential Equity Dilution

Claim 70% Off TipRanks Premium

Cosol Limited ( (AU:COS) ) has issued an announcement.

Cosol Limited has notified the ASX that a series of performance rights and share options on issue have lapsed after the relevant vesting or exercise conditions were not met or became incapable of being satisfied. The cessation affects nearly 400,000 performance rights and 2.2 million options with various exercise prices and expiry dates, effective 31 December 2025, resulting in a reduction of potential future equity dilution for existing shareholders and signalling that certain performance or service milestones tied to these securities were not achieved.

The most recent analyst rating on (AU:COS) stock is a Hold with a A$0.42 price target. To see the full list of analyst forecasts on Cosol Limited stock, see the AU:COS Stock Forecast page.

More about Cosol Limited

Average Trading Volume: 64,356

Technical Sentiment Signal: Sell

Current Market Cap: A$89.17M

For an in-depth examination of COS stock, go to TipRanks’ Overview page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1