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Incitec Pivot ( (AU:DNL) ) has issued an update.
Dyno Nobel Limited, a subsidiary of Incitec Pivot, has announced a change in the director’s interest notice, specifically regarding John Ho’s indirect interest through Janchor Partners Limited. The notice indicates no change in the number of fully paid ordinary shares held, which remains at 157,489,475. However, Janchor Partners has increased its non-voting cash-settled derivative positions, bringing the total aggregate relevant interests to 230,996,756 shares. This adjustment reflects a strategic positioning in the market, potentially impacting the company’s financial leverage and stakeholder interests.
The most recent analyst rating on (AU:DNL) stock is a Hold with a A$3.00 price target. To see the full list of analyst forecasts on Incitec Pivot stock, see the AU:DNL Stock Forecast page.
More about Incitec Pivot
Average Trading Volume: 6,356,785
Technical Sentiment Signal: Buy
Current Market Cap: A$4.93B
See more data about DNL stock on TipRanks’ Stock Analysis page.