tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

iCetana Options Lapse, Reducing Potential Future Dilution

Story Highlights
  • iCetana has reported the lapse of multiple option series after attached conditions were not met.
  • The expiry of over 2.4 million options cuts potential future dilution without changing current capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
iCetana Options Lapse, Reducing Potential Future Dilution

Claim 70% Off TipRanks Premium

The latest announcement is out from iCetana Ltd. ( (AU:ICE) ).

iCetana Limited has notified the market of the cessation of several tranches of options on issue, all of which lapsed on 31 December 2025 after the conditions attached to them were not met or became incapable of being satisfied. The expired securities include 166,667 options expiring 17 July 2028 with an exercise price of $0.046, 583,333 options expiring 10 March 2030 with an exercise price of $0.032, and 1,750,000 options expiring 10 March 2029 with an exercise price of $0.025, resulting in a reduction in potential future dilution for existing shareholders but no immediate change to the company’s issued share capital.

The most recent analyst rating on (AU:ICE) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on iCetana Ltd. stock, see the AU:ICE Stock Forecast page.

More about iCetana Ltd.

iCetana Limited is an Australia-listed company trading under the ASX code ICE. The announcement does not provide further detail on its industry, products, or services.

Average Trading Volume: 211,556

Technical Sentiment Signal: Hold

Current Market Cap: A$27.65M

See more data about ICE stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1