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An announcement from Mitchell Services Limited ( (AU:MSV) ) is now available.
Mitchell Services Limited announced the cessation of certain securities, including the cancellation of 821,000 ordinary fully paid shares through an on-market buy-back and the lapse of 2,841,427 options due to unmet conditions. This move is part of the company’s capital management strategy, potentially impacting its financial structure and shareholder value.
The most recent analyst rating on (AU:MSV) stock is a Buy with a A$0.55 price target. To see the full list of analyst forecasts on Mitchell Services Limited stock, see the AU:MSV Stock Forecast page.
More about Mitchell Services Limited
Mitchell Services Limited operates in the drilling services industry, providing specialized drilling services to the mining and resources sectors. The company focuses on delivering high-quality, reliable services to its clients, enhancing its market position in the industry.
Average Trading Volume: 163,365
Technical Sentiment Signal: Sell
Current Market Cap: A$50.95M
For an in-depth examination of MSV stock, go to TipRanks’ Overview page.