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Bhagwan Marine Ltd. ( (AU:BWN) ) has shared an announcement.
Bhagwan Marine Ltd. announced the issuance of 2,523,698 unquoted performance rights under an employee incentive scheme. These securities are subject to transfer restrictions and are not quoted on the ASX until the restrictions end, indicating a strategic move to motivate and retain employees while potentially impacting the company’s operational dynamics and stakeholder interests.
The most recent analyst rating on (AU:BWN) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Bhagwan Marine Ltd. stock, see the AU:BWN Stock Forecast page.
More about Bhagwan Marine Ltd.
Bhagwan Marine Ltd. operates in the marine industry, focusing on providing marine services and solutions. The company is known for its expertise in offering specialized marine vessels and services to support various sectors, including offshore oil and gas, renewable energy, and maritime logistics.
Average Trading Volume: 414,970
Technical Sentiment Signal: Buy
Current Market Cap: A$151.4M
For an in-depth examination of BWN stock, go to TipRanks’ Overview page.