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Peako Limited ( (AU:PKO) ) has issued an announcement.
Peako Limited has announced that its 48,503,564 listed options, exercisable at $0.025 each, will expire on June 30, 2025. The options are currently out of the money, and the company will not be sending personalized notices to option holders. The official quotation of these options will cease on June 24, 2025. If the market price of Peako’s shares exceeds the exercise price before the expiry date, the company will notify option holders. Currently, the market price of Peako’s shares is significantly lower than the exercise price, which impacts the likelihood of options being exercised.
More about Peako Limited
Peako Limited is a company listed on the Australian Securities Exchange (ASX) that operates in the resources sector. The company is involved in exploration and development activities, focusing on identifying and advancing mineral projects.
Technical Sentiment Signal: Sell
Current Market Cap: A$4.46M
For a thorough assessment of PKO stock, go to TipRanks’ Stock Analysis page.