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Babylon Pump & Power Ltd ( (AU:BPP) ) has shared an update.
Babylon Pump & Power Ltd announced a change in the director’s interest in securities due to a 30-to-1 consolidation of the company’s securities, as approved at the recent Annual General Meeting. This consolidation significantly reduces the number of securities held by Mr. Chris Radin, the director, but does not involve any acquisition or disposal of securities. This move is part of the company’s strategic financial adjustments, potentially impacting its stock market performance and shareholder value.
The most recent analyst rating on (AU:BPP) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Babylon Pump & Power Ltd stock, see the AU:BPP Stock Forecast page.
More about Babylon Pump & Power Ltd
Babylon Pump & Power Ltd operates in the industrial sector, focusing on providing specialized equipment and services for the resources, energy, and infrastructure industries. The company is known for its expertise in pump and power solutions, catering to a diverse range of market needs within these sectors.
Average Trading Volume: 6,310
Technical Sentiment Signal: Sell
Current Market Cap: A$16.5M
Learn more about BPP stock on TipRanks’ Stock Analysis page.