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Home Consortium Ltd ( (AU:HMC) ) has issued an announcement.
HMC Capital Limited has issued 120,493 new fully paid ordinary shares following the exercise or conversion of previously unquoted options or other convertible securities. The move modestly increases the company’s share base and reflects the crystallisation of equity incentives or conversion arrangements, which may slightly dilute existing shareholders while signalling ongoing participation by holders of unquoted securities in the listed equity of the business.
The most recent analyst rating on (AU:HMC) stock is a Buy with a A$6.60 price target. To see the full list of analyst forecasts on Home Consortium Ltd stock, see the AU:HMC Stock Forecast page.
More about Home Consortium Ltd
HMC Capital Limited is an Australia-listed investment management and capital markets firm focused on managing and deploying capital across real assets and related investment strategies for institutional and wholesale investors.
Average Trading Volume: 2,356,870
Technical Sentiment Signal: Hold
Current Market Cap: A$1.71B
Learn more about HMC stock on TipRanks’ Stock Analysis page.