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D3 Energy Issues 3.88 Million Restricted Shares on Option Conversion

Story Highlights
  • D3 Energy has issued 3,880,000 new ordinary fully paid restricted shares via ASX notification.
  • The new restricted equity reflects capital structuring activity that may dilute holders but support future plans.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
D3 Energy Issues 3.88 Million Restricted Shares on Option Conversion

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The latest announcement is out from D3 Energy Limited ( (AU:D3E) ).

D3 Energy Limited has notified the ASX of the issue of 3,880,000 ordinary fully paid restricted shares, following the exercise or conversion of previously unquoted options or convertible securities. The move increases the company’s equity base through the creation of new restricted securities, signalling ongoing capital structuring activity that may affect existing shareholders’ dilution and potentially support future operational or strategic initiatives once restrictions on these shares lapse.

More about D3 Energy Limited

Average Trading Volume: 79,162

Technical Sentiment Signal: Buy

Current Market Cap: A$35.03M

See more data about D3E stock on TipRanks’ Stock Analysis page.

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