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Frontier Energy Limited ( (AU:FHE) ) has provided an update.
Frontier Energy Limited has updated its previous announcement regarding the proposed issue of securities, specifically noting a slight change in the number of attaching options from 15,000,000 to 15,000,004 due to rounding. The company has also confirmed the date for a general meeting to approve the issuance of shares and options, which is a crucial step in aligning with ASX Listing Rule 10.11. This update reflects the company’s ongoing efforts to manage its securities issuance process and maintain compliance with regulatory requirements.
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 operates in the energy sector, focusing on the development and provision of energy solutions. The company is involved in the issuance of securities as part of its financial operations.
Average Trading Volume: 304,882
Technical Sentiment Signal: Sell
Current Market Cap: A$131.4M
For a thorough assessment of FHE stock, go to TipRanks’ Stock Analysis page.