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The latest announcement is out from Empire Energy Group Limited ( (AU:BTL) ).
Beetaloo Energy Australia Limited has announced the issuance of unquoted equity securities as part of an employee incentive scheme. The company is issuing 886,679 performance rights and 1,236,665 unvested service rights, which are not intended to be quoted on the ASX. This move is likely aimed at motivating and retaining employees, which could enhance the company’s operational efficiency and competitive positioning in the energy sector.
The most recent analyst rating on (AU:BTL) stock is a Buy with a A$0.71 price target. To see the full list of analyst forecasts on Empire Energy Group Limited stock, see the AU:BTL Stock Forecast page.
More about Empire Energy Group Limited
Average Trading Volume: 1,405,151
Technical Sentiment Signal: Buy
Current Market Cap: A$372.7M
For a thorough assessment of BTL stock, go to TipRanks’ Stock Analysis page.