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Toubani Resources Limited Registered Shs ( (AU:TRE) ) has issued an announcement.
Toubani Resources Limited has announced the cessation of 1,000,000 options (TREAQ) with an exercise price of A$0.50 that expired unexercised on 9 January 2026. The expiry of these options without conversion results in a reduction of potential future dilution for existing shareholders and slightly simplifies the company’s capital structure, though it does not immediately affect the number of ordinary shares on issue.
The most recent analyst rating on (AU:TRE) stock is a Hold with a A$0.40 price target. To see the full list of analyst forecasts on Toubani Resources Limited Registered Shs stock, see the AU:TRE Stock Forecast page.
More about Toubani Resources Limited Registered Shs
Toubani Resources Limited, listed on the ASX under the code TRE, operates in the resources sector and manages its capital structure through listed securities and options as part of its financing and incentive arrangements.
Average Trading Volume: 896,789
Technical Sentiment Signal: Buy
Current Market Cap: A$13.01M
For a thorough assessment of TRE stock, go to TipRanks’ Stock Analysis page.