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The latest announcement is out from Forrestania Resources Limited ( (AU:FRS) ).
Forrestania Resources Limited has applied to the ASX for quotation of 9,417,359 new fully paid ordinary shares under its FRS ticker. The additional securities, issued on 9 January 2026 following the conversion of options or other convertible instruments, will expand the company’s quoted share base and may enhance its market liquidity and capital position, with implications for existing shareholders’ dilution and future funding flexibility.
The most recent analyst rating on (AU:FRS) stock is a Hold with a A$0.31 price target. To see the full list of analyst forecasts on Forrestania Resources Limited stock, see the AU:FRS Stock Forecast page.
More about Forrestania Resources Limited
Average Trading Volume: 1,492,642
Technical Sentiment Signal: Buy
Current Market Cap: A$225.8M
Find detailed analytics on FRS stock on TipRanks’ Stock Analysis page.