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Fin Resources Issues 68.5 Million Unquoted Options

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Fin Resources Issues 68.5 Million Unquoted Options

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Fin Resources Limited ( (AU:FIN) ) has provided an announcement.

Fin Resources Limited has notified the market of a new issue of 68,461,538 unquoted options, which are not intended to be quoted on the ASX. The issuance, formalised via an Appendix 3G filing, reflects a capital management or incentive-related move that adjusts the company’s unquoted equity structure and may impact existing stakeholders through future potential dilution if the options are exercised.

The most recent analyst rating on (AU:FIN) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Fin Resources Limited stock, see the AU:FIN Stock Forecast page.

More about Fin Resources Limited

Average Trading Volume: 7,666,918

Technical Sentiment Signal: Sell

Current Market Cap: A$9.85M

For detailed information about FIN stock, go to TipRanks’ Stock Analysis page.

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