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An announcement from Frontier Energy Limited ( (AU:FHE) ) is now available.
Frontier Energy Limited has issued 16 million new ordinary shares, as previously notified to the Australian Securities Exchange, under provisions allowing share issues without a full disclosure document. The company confirmed it remains compliant with its continuous disclosure and financial reporting obligations and stated there is no undisclosed price-sensitive information, signaling that the capital raising has been conducted within standard regulatory frameworks and without additional hidden risks for investors.
The most recent analyst rating on (AU:FHE) stock is a Sell with a A$0.22 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: 207,199
Technical Sentiment Signal: Sell
Current Market Cap: A$123M
Find detailed analytics on FHE stock on TipRanks’ Stock Analysis page.