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Frugl Group Limited ( (AU:IFG) ) just unveiled an announcement.
InfoCUS Group Holdings Limited, listed on the ASX under code IFG, has reported a change to its capital structure involving listed options attached to the company’s securities. The business has not provided additional details in this notice about its core operations, products or markets.
The company announced that 16,683,335 IFGAA options, which carried an exercise price of $0.15 and were due to expire on 31 December 2025, have lapsed unexercised following their expiry. This cessation slightly simplifies the company’s capital structure by removing a class of potential equity, which may have implications for future dilution expectations but does not immediately alter the number of ordinary shares on issue.
The most recent analyst rating on (AU:IFG) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Frugl Group Limited stock, see the AU:IFG Stock Forecast page.
More about Frugl Group Limited
Average Trading Volume: 1,286,199
Technical Sentiment Signal: Sell
Current Market Cap: A$8.31M
See more insights into IFG stock on TipRanks’ Stock Analysis page.