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An announcement from Sprintex Limited ( (AU:SIX) ) is now available.
Sprintex Limited has notified the market that it will issue 2 million unquoted options exercisable at $0.12 and expiring on 14 January 2027, under an arrangement previously flagged via an Appendix 3B. The new securities, which are not intended to be quoted on the ASX, modestly expand the company’s unquoted equity base and may provide additional incentive or funding flexibility for the business and its stakeholders over the medium term.
The most recent analyst rating on (AU:SIX) stock is a Sell with a A$0.08 price target. To see the full list of analyst forecasts on Sprintex Limited stock, see the AU:SIX Stock Forecast page.
More about Sprintex Limited
Average Trading Volume: 953,083
Technical Sentiment Signal: Buy
Current Market Cap: A$56.7M
Learn more about SIX stock on TipRanks’ Stock Analysis page.