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The latest update is out from Excite Technology Services ( (AU:EXT) ).
Excite Technology Services has issued 1,008,000 fully paid ordinary shares to its directors as payment for fees in lieu of cash, utilising a previously approved share plan and thereby conserving cash while compensating board members in equity. The company confirmed it remains compliant with its financial reporting and continuous disclosure obligations and stated it is not aware of any undisclosed information that would materially affect investors’ ability to assess its financial position, performance or the rights attached to its ordinary shares, signalling ongoing adherence to regulatory and governance standards.
The most recent analyst rating on (AU:EXT) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Excite Technology Services stock, see the AU:EXT Stock Forecast page.
More about Excite Technology Services
Excite Technology Services Limited, listed on the ASX under the code EXT, operates in the technology services sector. The company provides technology-related solutions and services, though this announcement focuses on its capital management and governance practices rather than its specific operational offerings or market focus.
Average Trading Volume: 2,129,131
Technical Sentiment Signal: Sell
Current Market Cap: A$17.27M
See more insights into EXT stock on TipRanks’ Stock Analysis page.