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An update from Omega Oil & Gas Limited ( (AU:OMA) ) is now available.
Omega Oil & Gas Limited has issued 1,550,000 fully paid ordinary shares following the exercise of unlisted options, as per the Corporations Act. This move underscores Omega’s compliance with regulatory requirements and reflects its operational progress, potentially strengthening its market position and stakeholder confidence.
The most recent analyst rating on (AU:OMA) stock is a Buy with a A$0.64 price target. To see the full list of analyst forecasts on Omega Oil & Gas Limited stock, see the AU:OMA Stock Forecast page.
More about Omega Oil & Gas Limited
Omega Oil & Gas Limited is an Australian exploration company focused on the deep oil and gas potential of Queensland’s Taroom Trough within the Bowen Basin. Founded in 2020, the company has made significant hydrocarbon discoveries, including the Canyon-1 and Canyon-2 projects, and aims to contribute significantly to Australia’s energy future.
Average Trading Volume: 781,356
Technical Sentiment Signal: Buy
For detailed information about OMA stock, go to TipRanks’ Stock Analysis page.