tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

IonDrive Limited Issues Unquoted Equity Securities

Story Highlights
IonDrive Limited Issues Unquoted Equity Securities

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Southern Gold Limited ( (AU:ION) ) just unveiled an update.

IonDrive Limited has announced the issuance of unquoted equity securities, specifically 10 million options expiring on March 3, 2028, at an exercise price of $0.025. This issuance is part of an employee incentive scheme and is not intended to be quoted on the ASX, potentially impacting the company’s employee retention and motivation strategies.

More about Southern Gold Limited

YTD Price Performance: 46.67%

Average Trading Volume: 2,974,973

Technical Sentiment Signal: Buy

Current Market Cap: A$52.04M

For a thorough assessment of ION stock, go to 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