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Objective Corporation Seeks Quotation of Additional Ordinary Shares on ASX

Story Highlights
  • Objective Corporation has applied to list 500 new ordinary fully paid shares on the ASX.
  • The minor share issuance stems from option or convertible security exercises, slightly expanding quoted capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Objective Corporation Seeks Quotation of Additional Ordinary Shares on ASX

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Objective Corporation Limited ( (AU:OCL) ) just unveiled an update.

Objective Corporation Limited has applied to the ASX for quotation of 500 ordinary fully paid shares, to be traded under its existing ticker OCL. The small issuance arises from the exercise or conversion of existing options or other convertible securities, modestly increasing the company’s quoted capital base without signaling a major capital raising or strategic shift for shareholders.

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: 47,334

Technical Sentiment Signal: Hold

Current Market Cap: A$1.61B

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

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