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Tasman Resources Moves to List 2-Cent Options and Reveals Top Holders

Story Highlights
  • Tasman Resources is seeking ASX quotation of 2-cent options expiring June 2028 issued to placement investors.
  • The company released a Top 20 options holder report showing a concentrated register led by major investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tasman Resources Moves to List 2-Cent Options and Reveals Top Holders

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Tasman Resources ( (AU:TAS) ) has provided an announcement.

Tasman Resources has applied to have previously issued options, exercisable at $0.02 and expiring on 14 June 2028, quoted on the ASX, following their issue to placement investors and the recent options cleansing prospectus. The company has also released a Top 20 holder and distribution report for these options, revealing a concentrated register led by 10 Bolivianos Pty Ltd with 18.27% of the options, underscoring the presence of several significant institutional and private investors in the company’s capital structure.

The most recent analyst rating on (AU:TAS) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Tasman Resources stock, see the AU:TAS Stock Forecast page.

More about Tasman Resources

Tasman Resources Ltd is an Australian-listed company on the ASX (code: TAS), operating in the resources sector and engaged in exploration and related investment activities. The company raises capital through placements and associated option issues to fund its exploration and corporate objectives in the mining and resources market.

Average Trading Volume: 1,081,574

Technical Sentiment Signal: Sell

Current Market Cap: A$19.56M

Learn more about TAS stock on TipRanks’ Stock Analysis page.

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