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Jaxsta Limited ( (AU:VNL) ) has issued an announcement.
Vinyl Group Ltd has notified the market of the issue of new unquoted options as part of its capital management activities. The company will issue 2 million options exercisable at $0.098 expiring on 10 January 2027 and a further 2 million options exercisable at $0.010 expiring on 10 February 2027, potentially expanding its future equity base and providing additional incentive or funding flexibility once exercised.
The most recent analyst rating on (AU:VNL) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Jaxsta Limited stock, see the AU:VNL Stock Forecast page.
More about Jaxsta Limited
Average Trading Volume: 248,717
Technical Sentiment Signal: Sell
Current Market Cap: A$111.2M
For detailed information about VNL stock, go to TipRanks’ Stock Analysis page.