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Frontier Energy Limited ( (AU:FHE) ) just unveiled an update.
Frontier Energy Limited has announced the issuance of 30,000,000 ordinary shares, as detailed in an Appendix 2A released to the Australian Securities Exchange. The shares were issued without disclosure to investors under Part 6D.2 of the Corporations Act 2001, and the company confirms compliance with relevant reporting and disclosure obligations. This move indicates Frontier’s ongoing commitment to transparency and adherence to regulatory standards, potentially impacting its market positioning and stakeholder confidence.
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: 304,882
Technical Sentiment Signal: Sell
Current Market Cap: A$131.4M
Learn more about FHE stock on TipRanks’ Stock Analysis page.