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Foresta Group Options Lapse, Reducing Potential Dilution

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Foresta Group Options Lapse, Reducing Potential Dilution

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Leaf Resources Limited ( (AU:FGH) ) has issued an announcement.

Foresta Group Holdings Limited has advised the market that a total of 25,134,616 options on issue have ceased, following the lapse of conditional rights attached to these securities. The expired instruments include 384,616 options with various expiry dates and exercise prices, and 24,750,000 options expiring on 1 March 2025 at an exercise price of $0.023, all of which lapsed because their vesting or performance conditions were not met or became incapable of being satisfied, resulting in a reduction of the company’s potential future dilutive securities on issue.

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 (ASX: FGH) is an Australia-listed company; the announcement does not specify its industry, products or services, or target markets.

Average Trading Volume: 1,094,252

Technical Sentiment Signal: Buy

Current Market Cap: A$99.76M

Find detailed analytics on FGH stock on TipRanks’ Stock Analysis page.

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