Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Terragen Holdings Ltd ( (AU:TGH) ) has shared an update.
Terragen Holdings Ltd, listed on the ASX under code TGH, has reported a change in its issued capital structure. The company has confirmed that 5 million options, previously on issue and exercisable at A$1.00 with an expiry date of 4 December 2025, have lapsed unexercised as of that date. The expiry of these options without conversion reduces the potential future dilution of existing shareholders and marginally simplifies Terragen’s capital structure, although it does not directly affect current issued share capital or provide new funding to the company.
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.