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Greentech Metals Ltd. ( (AU:GRE) ) has issued an announcement.
Greentech Metals Ltd has notified the Australian Securities Exchange of the issue of 4,750,000 unquoted options, each exercisable at A$0.16 and expiring on 9 November 2027. The issuance of these unquoted equity securities forms part of the company’s capital management, potentially aligning incentives for stakeholders and modestly expanding its pool of derivative securities without immediately diluting existing shareholders.
The most recent analyst rating on (AU:GRE) stock is a Hold with a A$0.12 price target. To see the full list of analyst forecasts on Greentech Metals Ltd. stock, see the AU:GRE Stock Forecast page.
More about Greentech Metals Ltd.
Average Trading Volume: 1,030,525
Technical Sentiment Signal: Buy
Current Market Cap: A$35.2M
For an in-depth examination of GRE stock, go to TipRanks’ Overview page.