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EQ Resources Limited ( (AU:EQR) ) has provided an announcement.
EQ Resources Limited has announced that 28.5 million listed options (ASX code EQRAA), each exercisable at A$0.10 and expiring on 18 January 2026, have lapsed unexercised. The expiry of these options without conversion modestly reduces the company’s potential future share dilution, simplifying its capital structure but also eliminating a source of potential future equity funding for the company and its investors.
The most recent analyst rating on (AU:EQR) stock is a Sell with a A$0.10 price target. To see the full list of analyst forecasts on EQ Resources Limited stock, see the AU:EQR Stock Forecast page.
More about EQ Resources Limited
Average Trading Volume: 25,345,256
Technical Sentiment Signal: Buy
Current Market Cap: A$490.2M
For an in-depth examination of EQR stock, go to TipRanks’ Overview page.