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Frontier Energy Limited ( (AU:FHE) ) has provided an announcement.
Frontier Energy Limited has notified the market that a total of 12,142,225 options on issue have lapsed after the conditions attached to these securities were not met or became incapable of being satisfied. The cessation, covering several classes of options expiring in 2027 and on various dates at various exercise prices, reduces the company’s pool of potential future equity dilution and slightly simplifies its capital structure, though it does not involve any immediate cash movement or change in issued shares for existing stakeholders.
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: 196,647
Technical Sentiment Signal: Sell
Current Market Cap: A$126.6M
See more data about FHE stock on TipRanks’ Stock Analysis page.