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An announcement from Forrestania Resources Limited ( (AU:FRS) ) is now available.
Forrestania Resources Limited has applied for quotation on the ASX of 1,112,649 additional ordinary fully paid shares, with an issue date of 20 February 2026. The new securities arise from the exercise or conversion of existing options or other convertible securities, modestly increasing the company’s free float and potentially enhancing liquidity for current and prospective shareholders.
The most recent analyst rating on (AU:FRS) stock is a Hold with a A$0.57 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
Forrestania Resources Limited is an Australian-listed company on the ASX under the code FRS. While this announcement does not specify its sector, the company operates as a resources-focused entity, with its securities consisting of ordinary fully paid shares traded on the Australian market.
Average Trading Volume: 2,765,561
Technical Sentiment Signal: Buy
Current Market Cap: A$540.7M
See more insights into FRS stock on TipRanks’ Stock Analysis page.