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Locksley Resources Limited ( (AU:LKY) ) has shared an announcement.
Locksley Resources Limited has expanded its share capital through both the conversion of unlisted options and the vesting of performance rights, increasing the number of fully paid ordinary shares quoted on the ASX. The company notes that these new shares were issued without the need for a prospectus under Australian corporations law, and confirms it remains compliant with its continuous disclosure and financial reporting obligations, signalling routine capital management rather than a change in strategy or operations.
The most recent analyst rating on (AU:LKY) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Locksley Resources Limited stock, see the AU:LKY Stock Forecast page.
More about Locksley Resources Limited
Average Trading Volume: 6,338,219
Technical Sentiment Signal: Hold
Current Market Cap: A$62.96M
For a thorough assessment of LKY stock, go to TipRanks’ Stock Analysis page.