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Great Boulder Resources Ltd ( (AU:GBR) ) has issued an update.
Great Boulder Resources Ltd has issued 18,420,051 new fully paid ordinary shares following the exercise of options, doing so without a prospectus in reliance on disclosure relief provisions of the Corporations Act. The company confirmed it remains compliant with its continuous disclosure and reporting obligations and stated it is not holding any undisclosed price-sensitive information, signalling that the expanded share base arises from routine option conversions rather than a change in its operational or strategic outlook.
The most recent analyst rating on (AU:GBR) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Great Boulder Resources Ltd stock, see the AU:GBR Stock Forecast page.
More about Great Boulder Resources Ltd
Average Trading Volume: 4,545,071
Technical Sentiment Signal: Buy
Current Market Cap: A$103.1M
For an in-depth examination of GBR stock, go to TipRanks’ Overview page.