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Metal Powder Works Announces Lapse of 92,310 Performance Rights

Story Highlights
  • Metal Powder Works reported that 92,310 MPWAE performance rights have lapsed unexercised.
  • The expiry of these performance rights slightly reduces potential future dilution and clarifies MPW’s capital base.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Metal Powder Works Announces Lapse of 92,310 Performance Rights

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Metal Powder Works Limited ( (AU:MPW) ) has issued an announcement.

Metal Powder Works Limited, listed on the ASX under the code MPW, has reported a change in its issued capital structure, though the announcement does not specify the company’s underlying industry or core products. The company notified the market that 92,310 performance rights (ASX code MPWAE) have lapsed following the expiry of these convertible securities without exercise on 23 December 2025, slightly reducing the pool of potential future equity and clarifying the current capital position for shareholders and investors.

The most recent analyst rating on (AU:MPW) stock is a Buy with a A$4.10 price target. To see the full list of analyst forecasts on Metal Powder Works Limited stock, see the AU:MPW Stock Forecast page.

More about Metal Powder Works Limited

Metal Powder Works Limited is an Australia-listed company trading on the ASX under the ticker MPW. Further details on its specific industry, primary products, or market focus are not provided in the announcement.

Average Trading Volume: 314,270

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$268.4M

For a thorough assessment of MPW stock, go to TipRanks’ Stock Analysis page.

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