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DXN Ltd. ( (AU:DXN) ) has shared an update.
DXN Limited has issued 1,083,871 unquoted options under its employee incentive scheme, with each option expiring on 17 December 2030 and carrying no exercise price, and these securities will be subject to transfer restrictions and will not be quoted on the ASX until those restrictions end. The move signals the company’s continued use of long-dated, equity-based remuneration to align staff incentives with future company performance and may incrementally dilute existing shareholders if the options ultimately vest and are exercised.
The most recent analyst rating on (AU:DXN) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on DXN Ltd. stock, see the AU:DXN Stock Forecast page.
More about DXN Ltd.
Average Trading Volume: 305,649
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$12.17M
Learn more about DXN stock on TipRanks’ Stock Analysis page.