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Manuka Resources Ltd ( (AU:MKR) ) has provided an update.
Manuka Resources Ltd has issued 42.5 million unlisted options under an employee incentive scheme, each exercisable at $0.15 and expiring on 16 December 2027. The substantial grant of unquoted options is designed to align staff and stakeholder interests with long-term shareholder value, potentially leading to future equity dilution if exercised but strengthening the company’s ability to attract and retain key personnel in a competitive resources market.
The most recent analyst rating on (AU:MKR) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on Manuka Resources Ltd stock, see the AU:MKR Stock Forecast page.
More about Manuka Resources Ltd
Average Trading Volume: 7,908,274
Technical Sentiment Signal: Buy
Current Market Cap: A$84.53M
See more data about MKR stock on TipRanks’ Stock Analysis page.