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QPM Energy Issues New Shares Under Performance Rights Conversion

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QPM Energy Issues New Shares Under Performance Rights Conversion

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QPM Energy ( (AU:QPM) ) has shared an announcement.

QPM Energy Limited has issued 400,272 new fully paid ordinary shares following the conversion of performance rights on a 1-for-1 basis. This issuance was conducted without disclosure to investors under section 708A(5) of the Corporations Act 2001, and the company has confirmed compliance with relevant legal provisions, indicating transparency and adherence to regulatory standards.

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

More about QPM Energy

Average Trading Volume: 6,839,145

Technical Sentiment Signal: Sell

Current Market Cap: A$134.3M

Learn more about QPM stock on TipRanks’ Stock Analysis page.

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