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Great Boulder Resources Ltd ( (AU:GBR) ) just unveiled an update.
Great Boulder Resources Ltd has applied to the ASX for quotation of 7,594,266 new fully paid ordinary shares under code GBR, following the exercise or conversion of existing options or other convertible securities. The additional stock will increase the company’s free float and may enhance liquidity for shareholders once the new shares commence trading on 16 January 2026, although the announcement provides no further detail on the use of proceeds or strategic implications of the enlarged capital base.
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: 4,637,676
Technical Sentiment Signal: Buy
Current Market Cap: A$105.2M
See more data about GBR stock on TipRanks’ Stock Analysis page.