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PhosCo Ltd ( (AU:PHO) ) has shared an update.
PhosCo Ltd has notified the market that it will issue 90 million unquoted options (ASX code PHOAA) exercisable at A$0.05 and expiring on 31 January 2028. The issuance of these unquoted equity securities, previously flagged to the market, increases the company’s pool of potential future share capital and may provide additional incentive or funding flexibility for stakeholders without immediately diluting existing quoted shares.
More about PhosCo Ltd
Average Trading Volume: 441,571
Technical Sentiment Signal: Buy
Current Market Cap: A$76.85M
See more data about PHO stock on TipRanks’ Stock Analysis page.