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Jaxsta Limited ( (AU:VNL) ) has provided an announcement.
Vinyl Group Ltd has notified the market of the issuance of 5 million unquoted options, each exercisable at A$0.20 and expiring on 6 December 2031. The move, disclosed via an Appendix 3G filing, signals a fresh round of equity-linked incentives or financing that may affect the company’s capital structure over the long term and could have implications for existing shareholders depending on how and when the options are 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
Find detailed analytics on VNL stock on TipRanks’ Stock Analysis page.