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The latest announcement is out from Stavely Minerals Ltd ( (AU:SVY) ).
Stavely Minerals Ltd has announced that its 90,575,141 quoted options, exercisable at $0.07 each, will expire on December 31, 2025, as they are substantially out of the money. The company will not send expiry notices to option holders, as the current market price of the shares is significantly below the exercise price, indicating limited likelihood of exercise. This decision reflects the company’s adherence to ASX Listing Rules and highlights the current market conditions impacting the company’s stock performance.
More about Stavely Minerals Ltd
Stavely Minerals Ltd operates in the mining industry, focusing on the exploration and development of mineral resources. The company is primarily involved in the discovery and development of copper and gold deposits in Australia.
Average Trading Volume: 1,735,706
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$8.9M
See more data about SVY stock on TipRanks’ Stock Analysis page.