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Delta Lithium Limited ( (AU:DLI) ) has provided an announcement.
Delta Lithium Limited has announced a prospectus for an in-specie distribution of 63,669,413 Ballard Shares to eligible shareholders on a pro-rata basis. The offer is contingent upon shareholder approval of the demerger at an upcoming meeting, and the directors consider the investment in Ballard Shares to be speculative.
The most recent analyst rating on (AU:DLI) stock is a Buy with a A$0.70 price target. To see the full list of analyst forecasts on Delta Lithium Limited stock, see the AU:DLI Stock Forecast page.
More about Delta Lithium Limited
Average Trading Volume: 833,014
Technical Sentiment Signal: Sell
Current Market Cap: A$136.1M
For detailed information about DLI stock, go to TipRanks’ Stock Analysis page.