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Finder Energy Holdings Limited ( (AU:FDR) ) has issued an announcement.
Finder Energy Holdings Limited has applied to the ASX for quotation of 100,000 new fully paid ordinary shares under its issuer code FDR, following the exercise or conversion of existing options or other convertible securities. The modest issuance marginally increases the company’s quoted capital base, reflecting ongoing utilisation of equity-linked instruments by stakeholders, but does not on its own signal a material change in operations or strategic direction for the company.
The most recent analyst rating on (AU:FDR) stock is a Hold with a A$0.41 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
Average Trading Volume: 882,056
Technical Sentiment Signal: Buy
Current Market Cap: A$198.3M
Find detailed analytics on FDR stock on TipRanks’ Stock Analysis page.