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Leaf Resources Limited ( (AU:FGH) ) just unveiled an update.
Foresta Group Holdings Limited has confirmed the lapse of 252 million options (FGHAAI), which were exercisable at $0.045 and due to expire on 31 December 2025, after the conditions attached to these options were not, or could no longer be, satisfied. The cessation of these options reduces the company’s pool of potential future equity issuance, slightly simplifying its capital structure and removing a source of potential dilution for existing shareholders.
The most recent analyst rating on (AU:FGH) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Leaf Resources Limited stock, see the AU:FGH Stock Forecast page.
More about Leaf Resources Limited
Foresta Group Holdings Limited, listed on the ASX under the code FGH, is a public company whose specific industry focus and primary products or services are not described in the announcement. The notice relates to the company’s capital structure and listed options rather than its operating activities or markets.
Average Trading Volume: 1,650,238
Technical Sentiment Signal: Buy
Current Market Cap: A$111.2M
Find detailed analytics on FGH stock on TipRanks’ Stock Analysis page.