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Omega Oil & Gas Limited ( (AU:OMA) ) has issued an update.
Omega Oil & Gas Limited has announced the issuance of 1,550,000 ordinary fully paid securities, which will be quoted on the Australian Securities Exchange (ASX) under the code OMA. This move is part of the company’s strategy to enhance its capital structure and support its ongoing operations, potentially strengthening its market position and providing more opportunities for stakeholder engagement.
The most recent analyst rating on (AU:OMA) stock is a Buy with a A$0.64 price target. To see the full list of analyst forecasts on Omega Oil & Gas Limited stock, see the AU:OMA Stock Forecast page.
More about Omega Oil & Gas Limited
Omega Oil & Gas Limited operates in the energy sector, focusing on the exploration and production of oil and gas resources. The company is involved in the development and management of hydrocarbon assets, aiming to meet the growing energy demands in its market.
Average Trading Volume: 781,356
Technical Sentiment Signal: Buy
Find detailed analytics on OMA stock on TipRanks’ Stock Analysis page.