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The latest update is out from Odessa Minerals Limited ( (AU:ODE) ).
Odessa Minerals Limited has announced that a large tranche of options, described as ODEAS options exercisable at $0.04 and expiring on 11 January 2026, has lapsed after the conditions for exercising these rights were not satisfied. The cessation of 140,661,192 options reduces the company’s pool of potential dilutive securities, which may slightly simplify its capital structure and alter future equity-raising dynamics for existing shareholders and prospective investors.
The most recent analyst rating on (AU:ODE) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Odessa Minerals Limited stock, see the AU:ODE Stock Forecast page.
More about Odessa Minerals Limited
Odessa Minerals Limited is an Australian-listed resources company (ASX: ODE) active in the mining and exploration sector, with its securities traded on the Australian Securities Exchange under the code ODE.
Average Trading Volume: 3,136,145
Technical Sentiment Signal: Buy
Current Market Cap: A$33.51M
See more insights into ODE stock on TipRanks’ Stock Analysis page.