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Emeco Holdings Limited ( (AU:EHL) ) just unveiled an update.
Emeco Holdings has disclosed a change in the indirect interests of managing director Ian Testrow, with shares previously held for his benefit in the company’s managed plan by Pacific Custodians Pty Ltd being transferred to Ms Jodie Testrow as trustee for the Jod & E Trust. The notice outlines Testrow’s substantial existing holdings in fully paid ordinary shares and performance rights but confirms that no new securities were acquired or disposed of in the transaction, suggesting an internal restructuring of personal and trust arrangements rather than a change in his overall economic exposure to the company, with limited immediate implications for other shareholders.
The most recent analyst rating on (AU:EHL) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Emeco Holdings Limited stock, see the AU:EHL Stock Forecast page.
More about Emeco Holdings Limited
Emeco Holdings Limited is an Australian company listed on the ASX that operates in the mining services and heavy earthmoving equipment sector, providing rental, maintenance and asset management solutions for mining and resources projects domestically and internationally.
Average Trading Volume: 731,751
Technical Sentiment Signal: Buy
Current Market Cap: A$671M
For a thorough assessment of EHL stock, go to TipRanks’ Stock Analysis page.