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Spenda Limited ( (AU:SPX) ) has issued an announcement.
Spenda Limited has announced a consolidation of its ordinary fully paid shares and a range of listed options, reorganising its capital base under a single corporate action. The consolidation will be implemented in May 2026, with trading in the post-consolidation securities beginning on a deferred settlement basis from 13 May, a record date set for 14 May, and new securities issued on 21 May, signalling an effort to streamline the company’s capital structure and potentially improve trading dynamics for investors.
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
Spenda Limited is a listed company whose ordinary shares and multiple series of options trade on the Australian Securities Exchange under the ticker SPX. The company’s capital structure includes various classes of options with different exercise prices and expiry dates, which are being reorganised alongside its fully paid ordinary shares.
Technical Sentiment Signal: Sell
Current Market Cap: A$11.75M
See more insights into SPX stock on TipRanks’ Stock Analysis page.