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Dreadnought Resources Limited ( (AU:DRE) ) has provided an update.
Dreadnought Resources has notified the market that 20,325,000 performance rights (ASX code DREAR) have lapsed unexercised as of 31 December 2025, following their expiry. The cessation of these securities reduces the company’s pool of potential equity dilution tied to these rights, modestly tightening its issued capital structure and clarifying the outstanding incentive-based instruments for existing shareholders.
The most recent analyst rating on (AU:DRE) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Dreadnought Resources Limited stock, see the AU:DRE Stock Forecast page.
More about Dreadnought Resources Limited
Average Trading Volume: 11,627,542
Technical Sentiment Signal: Hold
Current Market Cap: A$158M
Learn more about DRE stock on TipRanks’ Stock Analysis page.