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The latest update is out from Petratherm Ltd ( (AU:PTR) ).
Petratherm Limited announced the successful approval of all resolutions during its Extraordinary General Meeting held on March 20, 2025. The resolutions included the approval of a Performance Rights Plan and the issuance of Zero Exercise Price Options to several Non-Executive Directors. This outcome reflects shareholder support for the company’s strategic initiatives, potentially enhancing its governance and incentivizing leadership, which could positively impact its operations and market positioning.
More about Petratherm Ltd
Petratherm Limited operates in the energy sector, focusing on geothermal energy exploration and development. The company is involved in the identification and development of geothermal energy projects, aiming to provide sustainable and renewable energy solutions.
YTD Price Performance: -6.67%
Average Trading Volume: 1,472,964
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: A$96.77M
Find detailed analytics on PTR stock on TipRanks’ Stock Analysis page.