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The latest update is out from Spenda Limited ( (AU:SPX) ).
Spenda Limited has announced that 100 million of its listed options, which were due to expire on 18 December 2025 with an exercise price of A$0.0175, have lapsed unexercised and therefore ceased to exist. The expiry of these options reduces the company’s pool of potential dilutive securities, simplifying its capital structure and slightly limiting future equity issuance from this particular instrument, which may be relevant to existing shareholders monitoring dilution and capital management settings.
The most recent analyst rating on (AU:SPX) stock is a Hold 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$13.55M
See more insights into SPX stock on TipRanks’ Stock Analysis page.