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Magnetic Resources NL ( (AU:MAU) ) has shared an announcement.
Magnetic Resources NL has issued 189,160 fully paid ordinary shares following the conversion of options exercisable at $1.20. This issuance was conducted without disclosure to investors under Part 6D.2 of the Corporations Act, and the company confirms compliance with relevant provisions of the Act. There is no excluded information that needs to be disclosed, ensuring transparency and informed decision-making for investors.
The most recent analyst rating on (AU:MAU) stock is a Buy with a A$3.98 price target. To see the full list of analyst forecasts on Magnetic Resources NL stock, see the AU:MAU Stock Forecast page.
More about Magnetic Resources NL
Average Trading Volume: 367,470
Technical Sentiment Signal: Hold
Current Market Cap: A$361.7M
See more data about MAU stock on TipRanks’ Stock Analysis page.