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Comms Group Ltd. (Australia) ( (AU:CCG) ) has issued an update.
Comms Group Limited has disclosed a change in the interests of director Peter McGrath, reflecting the conversion of performance rights into ordinary shares after meeting time-based vesting conditions. McGrath acquired 400,000 ordinary shares at $0.067 per share through this conversion, increasing his directly held ordinary shareholding while reducing his performance rights, a routine equity-based remuneration adjustment that modestly strengthens his aligned stake in the company.
The most recent analyst rating on (AU:CCG) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Comms Group Ltd. (Australia) stock, see the AU:CCG Stock Forecast page.
More about Comms Group Ltd. (Australia)
Comms Group Limited is an Australia-based telecommunications company that provides voice, data and related communications services. It focuses on delivering unified communications and cloud-based solutions to business and enterprise customers in domestic and international markets.
Average Trading Volume: 322,561
Technical Sentiment Signal: Sell
Current Market Cap: A$35.52M
See more insights into CCG stock on TipRanks’ Stock Analysis page.