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Osmond Resources Limited ( (AU:OSM) ) has provided an update.
Osmond Resources Limited has notified the market of a new issue of unquoted equity securities, comprising 5.5 million unlisted options exercisable at $1.20 and expiring on 31 December 2027. The options, which form part of a previously announced transaction and are not intended to be quoted on the ASX, may influence the company’s future capital structure and potential dilution for existing shareholders if exercised, signalling ongoing use of equity-linked incentives or financing within its corporate strategy.
The most recent analyst rating on (AU:OSM) stock is a Hold with a A$0.66 price target. To see the full list of analyst forecasts on Osmond Resources Limited stock, see the AU:OSM Stock Forecast page.
More about Osmond Resources Limited
Average Trading Volume: 177,417
Technical Sentiment Signal: Hold
Current Market Cap: A$87.01M
Find detailed analytics on OSM stock on TipRanks’ Stock Analysis page.