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The latest announcement is out from Estrella Resources Limited ( (AU:ESR) ).
Estrella Resources Limited has outlined plans to issue up to 10 million new zero exercise price options, expiring on 4 January 2031, as part of a placement or other type of security issue on the ASX, with the proposed issue date set for 14 January 2026. The move signals the company’s intention to use long-dated options as part of its capital management and incentive structure, potentially affecting its capital base and aligning stakeholders with Estrella’s longer-term performance, subject to ASX processes and approvals.
The most recent analyst rating on (AU:ESR) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Estrella Resources Limited stock, see the AU:ESR Stock Forecast page.
More about Estrella Resources Limited
Average Trading Volume: 2,152,260
Technical Sentiment Signal: Sell
Current Market Cap: A$68.37M
Find detailed analytics on ESR stock on TipRanks’ Stock Analysis page.