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Omni Bridgeway ( (AU:OBL) ) has issued an announcement.
Omni Bridgeway Limited announced the issuance and conversion of unquoted equity securities, totaling 52,213 ordinary fully paid shares. This move is part of the company’s ongoing efforts to manage its capital structure and support its strategic objectives, potentially impacting its market positioning and stakeholder interests.
The most recent analyst rating on (AU:OBL) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Omni Bridgeway stock, see the AU:OBL Stock Forecast page.
More about Omni Bridgeway
Omni Bridgeway Limited operates in the financial services industry, specializing in litigation funding and legal risk management. The company focuses on providing capital and strategic assistance to clients involved in complex legal disputes, aiming to facilitate access to justice and optimize financial outcomes for stakeholders.
Average Trading Volume: 179,740
Technical Sentiment Signal: Buy
Current Market Cap: A$475.9M
Learn more about OBL stock on TipRanks’ Stock Analysis page.