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Winchester Energy Ltd ( (AU:WEL) ) has shared an announcement.
Winchester Energy Ltd has announced the expiry of 4.5 million listed options, which lapsed unexercised on 31 December 2025. The cessation of these options, which had an exercise price of A$0.054, reduces the company’s pool of potential new equity and slightly simplifies its capital structure, with no immediate cash inflow arising from option conversion for the period.
The most recent analyst rating on (AU:WEL) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Winchester Energy Ltd stock, see the AU:WEL Stock Forecast page.
More about Winchester Energy Ltd
Winchester Energy Ltd, listed on the ASX under the code WEL, operates in the energy sector and is engaged in the exploration and development of oil and gas assets. The company’s activities are focused on building and managing a portfolio of hydrocarbon projects to create value for shareholders within the broader energy and resources market.
Current Market Cap: A$1.57M
See more insights into WEL stock on TipRanks’ Stock Analysis page.