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An announcement from Great Southern Mining Limited ( (AU:GSN) ) is now available.
Great Southern Mining Limited has announced that 7,000,000 performance rights previously granted to certain directors and senior executives have vested and are now capable of being exercised into fully paid ordinary shares before their two-year expiry. Following this vesting, the company’s capital structure consists of 996,804,290 ordinary shares, 83,529,411 unlisted options, 7,000,000 vested performance rights and 27,500,000 unvested performance rights, clarifying potential future dilution and equity alignment incentives for key management and directors.
The most recent analyst rating on (AU:GSN) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Great Southern Mining Limited stock, see the AU:GSN Stock Forecast page.
More about Great Southern Mining Limited
Great Southern Mining Limited (ASX: GSN) is an Australia-based resources company engaged in mineral exploration and development, with its securities listed on the Australian Securities Exchange and a capital structure comprising ordinary shares, unlisted options and performance rights.
Average Trading Volume: 1,248,321
Technical Sentiment Signal: Buy
Current Market Cap: A$49.84M
Learn more about GSN stock on TipRanks’ Stock Analysis page.