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Prospect Resources Ltd. ( (AU:PSC) ) has issued an announcement.
Prospect Resources Limited has announced the cessation of certain securities due to unmet conditions. Specifically, 500,000 options with an exercise price of $0.17 and 12,750,000 options with an exercise price of $0.15 have lapsed as the conditions for these securities were not satisfied by the deadline. This development may impact the company’s capital structure and could influence investor perception regarding the company’s ability to meet its financial obligations or strategic goals.
The most recent analyst rating on (AU:PSC) stock is a Buy with a A$0.45 price target. To see the full list of analyst forecasts on Prospect Resources Ltd. stock, see the AU:PSC Stock Forecast page.
More about Prospect Resources Ltd.
Average Trading Volume: 618,225
Technical Sentiment Signal: Buy
Current Market Cap: A$137.2M
See more insights into PSC stock on TipRanks’ Stock Analysis page.