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Jameson Resources Director’s Options Lapse Without Exercise

Story Highlights
  • Jameson Resources disclosed changes in director Michael Gray’s indirect securities interests.
  • 1.44 million of Gray’s unlisted options expired unexercised, slightly reducing potential dilution.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Jameson Resources Director’s Options Lapse Without Exercise

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Jameson Resources Limited ( (AU:JAL) ) has shared an announcement.

Jameson Resources Limited has disclosed a change in director Michael John Gray’s indirect interests in the company’s securities, primarily held through superannuation and trust structures. The company reported that 1,440,000 unlisted options in Jameson Resources, held via EWAM Energy Pty Ltd as trustee of the EWAM Energy Trust and expiring on 31 December 2025, have lapsed unexercised, resulting in no consideration and leaving Gray’s shareholdings and other unlisted option interests unchanged; the expiry marginally reduces potential future dilution for existing shareholders but does not affect current capital structure.

The most recent analyst rating on (AU:JAL) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Jameson Resources Limited stock, see the AU:JAL Stock Forecast page.

More about Jameson Resources Limited

Average Trading Volume: 65,670

Technical Sentiment Signal: Hold

Current Market Cap: A$54.72M

See more insights into JAL stock on TipRanks’ Stock Analysis page.

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