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Comms Group Ltd. (Australia) ( (AU:CCG) ) has provided an announcement.
Comms Group Ltd has applied to the ASX for quotation of 425,000 fully paid ordinary shares previously issued under its employee incentive scheme, with transfer restrictions now ceasing or about to cease. The modest increase in quoted securities reflects the ongoing vesting of staff equity, slightly expanding the company’s free float and reinforcing the use of share-based remuneration to retain and incentivise employees without raising new capital.
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)
Average Trading Volume: 330,707
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$37.13M
See more data about CCG stock on TipRanks’ Stock Analysis page.