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MLG Oz Ltd Issues 6 Million Unquoted Options

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MLG Oz Ltd Issues 6 Million Unquoted Options

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MLG Oz Ltd ( (AU:MLG) ) has shared an update.

MLG Oz Ltd announced the issuance of 6,000,000 unquoted options, exercisable at $0.89 each, set to expire on March 20, 2029. This issuance is part of a previously announced transaction and is not intended to be quoted on the ASX, potentially impacting the company’s capital structure and offering strategic flexibility.

The most recent analyst rating on (AU:MLG) stock is a Buy with a A$1.00 price target. To see the full list of analyst forecasts on MLG Oz Ltd stock, see the AU:MLG Stock Forecast page.

More about MLG Oz Ltd

Average Trading Volume: 318,428

Technical Sentiment Signal: Buy

Current Market Cap: A$137.1M

See more insights into MLG stock on TipRanks’ Stock Analysis page.

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