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Ora Banda Mining ( (AU:OBM) ) has shared an update.
Ora Banda Mining has notified the market of the cessation of 174,582 performance rights (security code OBMAX) that were due to expire on 30 June 2029 under its FY25 long-term incentive plan. The rights lapsed on 24 December 2025 because the relevant performance or vesting conditions were not met or were no longer capable of being satisfied, resulting in a reduction of potential future equity dilution for existing shareholders and a modest adjustment to the company’s issued capital profile.
The most recent analyst rating on (AU:OBM) stock is a Hold with a A$1.22 price target. To see the full list of analyst forecasts on Ora Banda Mining stock, see the AU:OBM Stock Forecast page.
More about Ora Banda Mining
Ora Banda Mining Ltd is an Australian-listed mining company focused on the exploration, development and production of mineral resources. The company is traded on the ASX under the ticker OBM and manages a portfolio of securities and performance-related equity instruments as part of its capital and employee incentive structures.
Average Trading Volume: 10,232,997
Technical Sentiment Signal: Buy
Current Market Cap: A$2.84B
For an in-depth examination of OBM stock, go to TipRanks’ Overview page.