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The latest update is out from Frontier Energy Limited ( (AU:FHE) ).
Frontier Energy Limited has issued 1,358,125 new ordinary shares, as previously notified to the Australian Securities Exchange, under provisions that allow the shares to be issued without a formal prospectus disclosure. The company confirmed it remains fully compliant with its financial reporting and continuous disclosure obligations and stated that there is no undisclosed price-sensitive information, signalling to investors that the capital issuance has been conducted within the standard regulatory framework and without hidden risks flagged under the Corporations Act.
The most recent analyst rating on (AU:FHE) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Frontier Energy Limited stock, see the AU:FHE Stock Forecast page.
More about Frontier Energy Limited
Frontier Energy Limited is an Australian-listed company (ASX: FHE; OTCQB: FRHYF) operating in the energy sector. The company is a disclosing entity subject to regular financial reporting and continuous disclosure obligations under the Corporations Act, reflecting its participation in regulated public capital markets.
Average Trading Volume: 255,521
Technical Sentiment Signal: Sell
Current Market Cap: A$130.9M
For an in-depth examination of FHE stock, go to TipRanks’ Overview page.