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Motio Issues 4 Million Unquoted Options as Part of Capital Management Strategy

Story Highlights
  • Motio Ltd has issued 4 million unquoted options exercisable at $0.0825, expiring in 2027.
  • The options form part of Motio’s capital management and incentive plans, modestly expanding diluted equity.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Motio Issues 4 Million Unquoted Options as Part of Capital Management Strategy

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Motio Limited ( (AU:MXO) ) just unveiled an announcement.

Motio Ltd has notified the market of the issue of 4 million unquoted options exercisable at $0.0825 and expiring on 19 December 2027. The new options issuance forms part of the company’s capital management and incentive arrangements, potentially aligning key stakeholders with long-term share price performance and modestly increasing the company’s fully diluted capital base.

The most recent analyst rating on (AU:MXO) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Motio Limited stock, see the AU:MXO Stock Forecast page.

More about Motio Limited

Motio Ltd, listed on the ASX under the code MXO, operates in the media and advertising technology sector, focusing on out-of-home and digital place-based media solutions for advertisers and venue partners across Australia.

Average Trading Volume: 340,539

Technical Sentiment Signal: Buy

Current Market Cap: A$15.83M

For an in-depth examination of MXO stock, go to TipRanks’ Overview page.

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