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Objective Corporation Limited ( (AU:OCL) ) has provided an announcement.
Objective Corporation Limited has applied to the ASX for quotation of 400 new fully paid ordinary shares under the code OCL, following the exercise or conversion of existing options or other convertible securities. The modest issuance marginally increases the company’s quoted capital base, signalling routine capital management activity rather than a significant change in ownership structure or strategy, with limited immediate impact on existing shareholders or the company’s market positioning.
The most recent analyst rating on (AU:OCL) stock is a Hold with a A$18.00 price target. To see the full list of analyst forecasts on Objective Corporation Limited stock, see the AU:OCL Stock Forecast page.
More about Objective Corporation Limited
Average Trading Volume: 48,414
Technical Sentiment Signal: Sell
Current Market Cap: A$1.51B
For a thorough assessment of OCL stock, go to TipRanks’ Stock Analysis page.