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Perpetual Resources Announces Cessation of Securities

Story Highlights
  • Perpetual Resources Limited announced the cessation of 32.5 million securities.
  • The cessation results from the expiry of options without exercise, affecting the company’s capital structure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Perpetual Resources Announces Cessation of Securities

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The latest announcement is out from Perpetual Resources ( (AU:PEC) ).

Perpetual Resources Limited has announced the cessation of several securities due to the expiry of options or convertible securities without exercise or conversion. This cessation involves a total of 32.5 million securities across different options with varying expiration dates and exercise prices. The announcement signifies a reduction in the company’s outstanding securities, which may impact its capital structure and market dynamics.

More about Perpetual Resources

YTD Price Performance: -23.08%

Average Trading Volume: 3,539,759

Technical Sentiment Signal: Sell

Current Market Cap: A$8.51M

For a thorough assessment of PEC stock, go to TipRanks’ Stock Analysis page.

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