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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 230,000 ordinary fully paid shares that were previously issued under an employee incentive scheme and are now becoming transferable. The move modestly increases the company’s freely tradable share base and reflects the vesting of equity-based remuneration, providing participating employees with enhanced liquidity and slightly expanding the stock available to public investors.
The most recent analyst rating on (AU:CCG) stock is a Hold with a A$0.07 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: 452,706
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$37.12M
For detailed information about CCG stock, go to TipRanks’ Stock Analysis page.