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Pointerra Options Lapse After Vesting Conditions Not Met

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Pointerra Options Lapse After Vesting Conditions Not Met

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Pointerra ( (AU:3DP) ) just unveiled an announcement.

Pointerra Limited has notified the ASX that 1.5 million options, exercisable at $0.15 and due to expire on 1 April 2028 under the code 3DPAH, have lapsed. The lapse results from conditions attached to these options not being met or no longer being capable of being satisfied, slightly reducing the company’s potential future issued capital and signalling that certain performance or vesting milestones linked to these securities were not achieved.

The most recent analyst rating on (AU:3DP) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Pointerra stock, see the AU:3DP Stock Forecast page.

More about Pointerra

YTD Price Performance: 7.50%

Average Trading Volume: 566,654

Technical Sentiment Signal: Sell

Current Market Cap: A$34.88M

For a thorough assessment of 3DP stock, go to TipRanks’ Stock Analysis page.

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