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Webcentral Ltd ( (AU:5GN) ) has provided an update.
5G Networks Limited has notified the market of the issue of 10 million unquoted options under an employee incentive scheme, each exercisable at $0.15 and expiring on 17 December 2030. The new long-dated options, which are not intended to be quoted on the ASX, are designed to align employee rewards with shareholder value over the medium term and may lead to future equity dilution if exercised, signalling an ongoing focus on staff retention and performance-based incentives as the company pursues its growth strategy.
The most recent analyst rating on (AU:5GN) stock is a Hold with a A$0.14 price target. To see the full list of analyst forecasts on Webcentral Ltd stock, see the AU:5GN Stock Forecast page.
More about Webcentral Ltd
5G Networks Limited is an Australian telecommunications and data infrastructure company listed on the ASX under the code 5GN. The company operates in the communications and networking industry, providing network connectivity, data centre and related digital infrastructure services to business and enterprise customers.
Average Trading Volume: 348,582
Technical Sentiment Signal: Sell
Current Market Cap: A$36.17M
For detailed information about 5GN stock, go to TipRanks’ Stock Analysis page.