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Frontier Energy Limited ( (AU:FHE) ) has provided an announcement.
Frontier Energy Limited has notified the market of the issue of 15,000,004 new unquoted attaching options, which will not be listed or quoted on the ASX. The issuance, recorded under a new security class yet to be assigned a code, forms part of a previously announced transaction and signals additional equity-linked incentives or funding capacity for the company without immediate dilution in the quoted market.
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
Average Trading Volume: 274,371
Technical Sentiment Signal: Sell
Current Market Cap: A$125.4M
For a thorough assessment of FHE stock, go to TipRanks’ Stock Analysis page.