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Gratifii Issues 3 Million Unquoted Options Under Existing Transaction

Story Highlights
  • Gratifii has issued 3 million new unquoted options at a $0.17 exercise price.
  • These unquoted options form part of a prior transaction and may dilute shareholders if exercised.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Gratifii Issues 3 Million Unquoted Options Under Existing Transaction

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Gratifii Ltd ( (AU:GTI) ) has shared an update.

Gratifii Ltd has notified the market of the issue of 3 million new unquoted options, exercisable at $0.17 and expiring on 1 June 2028, under its ASX code GTI. The options, which are part of a previously announced transaction and are not intended to be quoted on the ASX, reflect ongoing use of equity-based instruments in the company’s capital management and incentive structures, with potential future dilution for existing shareholders if they are exercised.

The most recent analyst rating on (AU:GTI) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Gratifii Ltd stock, see the AU:GTI Stock Forecast page.

More about Gratifii Ltd

Average Trading Volume: 858,369

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$37.8M

For a thorough assessment of GTI stock, go to TipRanks’ Stock Analysis page.

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