tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Elementos Notes Expiry of 300,000 Performance Rights

Story Highlights
  • Elementos Limited reported the expiry of 300,000 unexercised performance rights.
  • The lapse of these securities reduces potential future dilution without affecting current shares on issue.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Elementos Notes Expiry of 300,000 Performance Rights

Claim 70% Off TipRanks Premium

The latest announcement is out from Elementos Limited ( (AU:ELT) ).

Elementos Limited has reported the expiry of 300,000 performance rights, which have lapsed without being exercised or converted into shares. The cessation of these securities slightly reduces the company’s pool of potential equity-based incentives and may marginally affect future dilution levels for existing shareholders, but does not immediately change the number of ordinary shares on issue.

The most recent analyst rating on (AU:ELT) stock is a Hold with a A$0.34 price target. To see the full list of analyst forecasts on Elementos Limited stock, see the AU:ELT Stock Forecast page.

More about Elementos Limited

Average Trading Volume: 329,029

Technical Sentiment Signal: Buy

Current Market Cap: A$113.9M

Find detailed analytics on ELT stock on TipRanks’ Stock Analysis 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