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Australian Silica Quartz Group ( (AU:ASQ) ) has provided an update.
Australian Silica Quartz Group Limited has announced that director Pengfei Zhao ceased to be a director of the company effective 2 January 2026. In connection with his departure, Zhao’s 1,000,000 Tranche 3 Performance Rights will lapse upon cessation of employment, while his indirect interest via his wife, who holds 1,000,000 fully paid ordinary shares, remains unchanged, signalling only a governance and remuneration adjustment rather than a broader shift in the company’s capital structure.
The most recent analyst rating on (AU:ASQ) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Australian Silica Quartz Group stock, see the AU:ASQ Stock Forecast page.
More about Australian Silica Quartz Group
Australian Silica Quartz Group Limited is an ASX-listed company involved in the exploration and development of silica sand and related quartz materials, supplying feedstock for industrial, construction and emerging high-tech applications in domestic and export markets.
Average Trading Volume: 130,894
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$5.64M
See more insights into ASQ stock on TipRanks’ Stock Analysis page.