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Finder Energy Holdings Limited ( (AU:FDR) ) has shared an update.
Finder Energy Holdings Limited has issued 66,667 fully paid ordinary shares at an exercise price of $0.075 each to its corporate adviser or its nominees, following previously announced option arrangements. The company confirmed that the new shares were issued without a prospectus or disclosure document under the Corporations Act, and that it remains compliant with its financial reporting and continuous disclosure obligations, signalling routine capital management with limited immediate operational or strategic impact for existing shareholders.
The most recent analyst rating on (AU:FDR) stock is a Hold with a A$0.42 price target. To see the full list of analyst forecasts on Finder Energy Holdings Limited stock, see the AU:FDR Stock Forecast page.
More about Finder Energy Holdings Limited
Finder Energy Holdings Limited is an ASX-listed company focused on energy sector activities, though this announcement does not provide specific detail on its operational assets, primary products or services, or geographic market focus beyond its Australian corporate base.
Average Trading Volume: 1,160,006
Technical Sentiment Signal: Buy
Current Market Cap: A$170.3M
See more data about FDR stock on TipRanks’ Stock Analysis page.