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Dyno Nobel ( (AU:DNL) ) has issued an update.
Dyno Nobel Limited has reported that director John Ho’s indirect relevant interest in the company’s securities remains unchanged, with holdings steady at 157,489,475 fully paid ordinary shares and aggregate relevant interests, including non-voting cash-settled derivatives, unchanged at 253,079,768 shares. The filing details an internal novation of derivative positions among funds managed by Janchor Partners, clarifying that there is no net change in Ho’s overall exposure to Dyno Nobel, providing reassurance to investors about stability in the company’s major shareholdings and governance disclosures under ASX rules.
The most recent analyst rating on (AU:DNL) stock is a Hold with a A$3.10 price target. To see the full list of analyst forecasts on Dyno Nobel stock, see the AU:DNL Stock Forecast page.
More about Dyno Nobel
Dyno Nobel Limited operates in the industrial explosives sector, supplying blasting products and related services to mining, quarrying, and construction customers. The company focuses on safe, large-scale explosives manufacturing and distribution, supporting resource and infrastructure projects in key global markets.
Average Trading Volume: 5,152,030
Technical Sentiment Signal: Buy
Current Market Cap: A$5.5B
Find detailed analytics on DNL stock on TipRanks’ Stock Analysis page.