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Spenda Limited ( (AU:SPX) ) has shared an update.
Spenda Limited has announced a proposed issue of securities, specifically 20 million options with an exercise price of $0.005, set to expire on January 31, 2028. This move is part of a placement or other type of issue, with the proposed issue date being April 2, 2026. The announcement indicates Spenda Limited’s strategic financial maneuver to potentially enhance its market position and provide value to its stakeholders by increasing its capital base.
The most recent analyst rating on (AU:SPX) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Spenda Limited stock, see the AU:SPX Stock Forecast page.
More about Spenda Limited
Technical Sentiment Signal: Sell
Current Market Cap: A$17.03M
See more insights into SPX stock on TipRanks’ Stock Analysis page.