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Black Cat Syndicate Issues Unlisted Employee Options

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Black Cat Syndicate Issues Unlisted Employee Options

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Black Cat Syndicate Ltd. ( (AU:BC8) ) has shared an update.

Black Cat Syndicate Limited has announced the issuance of 3,110,000 unlisted options, exercisable at $1.237 and expiring on May 20, 2029. This move is part of an employee incentive scheme and is not intended for public trading on the ASX. The issuance of these securities is likely aimed at motivating and retaining key employees, potentially strengthening the company’s operational capabilities and aligning employee interests with company performance.

The most recent analyst rating on (AU:BC8) stock is a Buy with a A$1.10 price target. To see the full list of analyst forecasts on Black Cat Syndicate Ltd. stock, see the AU:BC8 Stock Forecast page.

More about Black Cat Syndicate Ltd.

Average Trading Volume: 5,397,574

Technical Sentiment Signal: Buy

Current Market Cap: A$583.6M

Learn more about BC8 stock on TipRanks’ Stock Analysis page.

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