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Delta Lithium Limited ( (AU:DLI) ) has shared an announcement.
Delta Lithium Limited announced a change in the director’s interest, specifically regarding Nader El Sayed’s indirect interest through Nameo Pty Ltd. The announcement detailed the cancellation of 250,000 performance rights due to unmet performance hurdles, leaving El Sayed with 250,000 performance rights, 2,751,284 fully paid ordinary shares, and 1,000,000 unlisted options. This change reflects internal adjustments in the company’s executive compensation structure, potentially impacting stakeholders’ perception of performance incentives and corporate governance.
The most recent analyst rating on (AU:DLI) stock is a Buy with a A$0.35 price target. To see the full list of analyst forecasts on Delta Lithium Limited stock, see the AU:DLI Stock Forecast page.
More about Delta Lithium Limited
Delta Lithium Limited operates in the mining industry, focusing on the exploration and development of lithium resources. The company is engaged in producing lithium, a key component in battery technology, which is crucial for the growing electric vehicle market and other energy storage solutions.
Average Trading Volume: 982,469
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$120.1M
See more data about DLI stock on TipRanks’ Stock Analysis page.