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An update from Manuka Resources Ltd ( (AU:MKR) ) is now available.
Manuka Resources Ltd has announced the expiry and cessation of 25,757,575 listed options (MKRAW) that were due to expire on 31 December 2025 with an exercise price of $0.10, which lapsed without being exercised. The expiry reduces the company’s pool of potential future equity from these instruments, slightly simplifying its capital structure but also indicating that prevailing market conditions did not support conversion at the set exercise price.
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
Manuka Resources Ltd is an ASX-listed company (code MKR), operating in the resources sector and engaged in mineral exploration and development activities in Australia.
Average Trading Volume: 8,943,436
Technical Sentiment Signal: Buy
Current Market Cap: A$133.4M
See more data about MKR stock on TipRanks’ Stock Analysis page.