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Great Boulder Resources Ltd ( (AU:GBR) ) has issued an update.
Great Boulder Resources Ltd has issued 11,086,279 fully paid ordinary shares arising from the exercise of options and the conversion of performance rights, doing so without a prospectus under the relevant provisions of the Corporations Act. The company states it is fully compliant with its financial reporting and continuous disclosure obligations and confirms it is not holding any undisclosed price-sensitive information, indicating that the new share issuance should integrate into the market without additional regulatory or disclosure concerns for investors.
The most recent analyst rating on (AU:GBR) stock is a Hold with a A$0.07 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: 4,515,498
Technical Sentiment Signal: Buy
Current Market Cap: A$95.77M
See more data about GBR stock on TipRanks’ Stock Analysis page.