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Terragen Options Lapse as 1 Million Unexercised Securities Expire

Story Highlights
  • Terragen Holdings reports that 1,000,000 unexercised TGHAT options have expired.
  • The lapse of these A$0.25 options reduces potential dilution without affecting current capital.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Terragen Options Lapse as 1 Million Unexercised Securities Expire

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The latest announcement is out from Terragen Holdings Ltd ( (AU:TGH) ).

Terragen Holdings Limited has confirmed the expiry of a tranche of unexercised options listed on the ASX. The company reported that 1,000,000 options, exercisable at A$0.25 and due to expire on 4 December 2025 under the code TGHAT, have lapsed without being converted into shares, resulting in a reduction of potential future dilution for existing shareholders but no immediate change to the company’s issued capital.

The most recent analyst rating on (AU:TGH) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Terragen Holdings Ltd stock, see the AU:TGH Stock Forecast page.

More about Terragen Holdings Ltd

Average Trading Volume: 254,372

Technical Sentiment Signal: Sell

Current Market Cap: A$12.12M

See more insights into TGH stock on TipRanks’ Stock Analysis page.

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