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Orbital Corporation Limited ( (AU:OEC) ) just unveiled an update.
Orbital Corporation has notified the market that 17.5 million quoted options (ASX: OECO), each exercisable at A$0.35, will expire at 5:00pm WST on 7 February 2026, with official quotation of these options on the ASX ceasing on 2 February 2026. If holders do not provide cleared funds to exercise their options by the expiry date, the options will lapse unexercised and the associated rights will cease, leaving the company’s share capital at 179,065,431 ordinary shares unless some or all of the options are converted into shares before expiry, a process that could modestly increase the company’s equity base and potentially impact its capital structure depending on the level of take-up.
The most recent analyst rating on (AU:OEC) stock is a Hold with a A$0.16 price target. To see the full list of analyst forecasts on Orbital Corporation Limited stock, see the AU:OEC Stock Forecast page.
More about Orbital Corporation Limited
Orbital Corporation Ltd, trading as Orbital UAV, operates in the unmanned aerial vehicle sector, specialising in advanced UAV propulsion systems. The company focuses on continuous innovation and high-quality engine technologies designed to enhance the performance, reliability and operational effectiveness of defence and commercial UAV platforms in demanding environments.
Average Trading Volume: 306,023
Technical Sentiment Signal: Sell
Current Market Cap: A$25.07M
See more insights into OEC stock on TipRanks’ Stock Analysis page.