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Aurora Labs ( (AU:A3D) ) has provided an update.
Aurora Labs Limited has disclosed a change in the interests of director David Trimboli, who holds his stake indirectly through Seefeld Investments Pty Ltd. Trimboli exercised 1,916,666 options at $0.045 each, paying a total of $86,249.97, which converted into an equivalent number of fully paid ordinary shares and increased his holding to 6,283,199 shares, while the corresponding options lapsed. The transaction, which did not occur during a closed trading period, signals continued insider commitment to the company’s equity and modestly reshapes the director’s exposure from options to ordinary shares, potentially aligning his interests more closely with those of other shareholders.
The most recent analyst rating on (AU:A3D) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Aurora Labs stock, see the AU:A3D Stock Forecast page.
More about Aurora Labs
Aurora Labs Limited is an Australia-listed company; based on its ASX disclosure and capital structure, it operates as a publicly traded enterprise with a focus on equity-funded growth, issuing and managing ordinary shares and a range of unlisted options as part of its capital management and executive/insider incentive framework.
Average Trading Volume: 741,084
Technical Sentiment Signal: Sell
Current Market Cap: A$23.91M
For an in-depth examination of A3D stock, go to TipRanks’ Overview page.