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Redcastle Resources Reveals Concentrated Ownership in $0.15 Options Series

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Redcastle Resources Reveals Concentrated Ownership in $0.15 Options Series

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Redcastle Resources Limited ( (AU:RC1) ) has shared an announcement.

Redcastle Resources Limited has disclosed the top 20 holders of its RC1OA options, exercisable at $0.15 and expiring on 7 October 2028, representing a significant portion of its options capital structure. The report shows that the top 20 option holders collectively control 70.19% of the 33.26 million RC1OA options on issue, with BML Ventures Pty Ltd the largest holder at 20.75%, indicating a relatively concentrated ownership profile that may influence future capital-raising dynamics and potential option conversions for the company and its investors.

The most recent analyst rating on (AU:RC1) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Redcastle Resources Limited stock, see the AU:RC1 Stock Forecast page.

More about Redcastle Resources Limited

Average Trading Volume: 484,032

Technical Sentiment Signal: Buy

Current Market Cap: A$17.33M

For detailed information about RC1 stock, go to TipRanks’ Stock Analysis page.

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