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Jaxsta Limited ( (AU:VNL) ) has issued an update.
Vinyl Group Ltd has notified the market of the issue of 41.4 million unquoted options, exercisable at zero dollars and expiring on 6 December 2029. The substantial grant of options, dated 9 December 2024, increases the company’s pool of equity-linked securities and may be tied to incentives or strategic arrangements, potentially altering future dilution outcomes and aligning stakeholders with longer-term company performance.
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
Find detailed analytics on VNL stock on TipRanks’ Stock Analysis page.