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BSA Limited ( (AU:BSA) ) has issued an announcement.
BSA Limited has announced a leadership transition with Joint CEOs Richard Bartley and Arno Becker stepping down, and Sasho Kacevski appointed as the new CEO, effective June 2, 2025. This change is part of a major restructuring effort following the company’s unsuccessful bid for the new NBN Co Field Module tender, aiming to align with a reduced operating footprint and cost base. Additionally, Arjan van Ameyde has been appointed as the new CFO and Company Secretary. BSA has also revised its financing facilities with the Commonwealth Bank of Australia, reducing its base borrowing and guarantee facilities to better align with its current working capital needs.
The most recent analyst rating on (AU:BSA) stock is a Buy with a A$1.40 price target. To see the full list of analyst forecasts on BSA Limited stock, see the AU:BSA Stock Forecast page.
More about BSA Limited
BSA Limited is an Australian-owned and operated ASX-listed company with over 25 years of experience in delivering fixed-line and wireless Telco services, smart metering services, and premium EV charging solutions. The company provides services to major Australian brands such as nbn, Foxtel, and Telstra, focusing on building strong, long-term relationships in the Telco, Smart Energy, and EV sectors.
Average Trading Volume: 299,394
Technical Sentiment Signal: Sell
Current Market Cap: A$4.89M
For an in-depth examination of BSA stock, go to TipRanks’ Stock Analysis page.
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