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Farm Pride Foods Limited ( (AU:FRM) ) just unveiled an update.
Farm Pride Foods Limited announced the issuance of 3.6 million unquoted equity securities in the form of options with an exercise price of $0.30, each expiring three years from vesting, as part of its growth strategy. This move may impact the company’s financial positioning, supporting long-term planning and enhancing its market competitiveness within the industry, offering potential benefits for stakeholders.
The most recent analyst rating on (AU:FRM) stock is a Hold with a A$0.23 price target. To see the full list of analyst forecasts on Farm Pride Foods Limited stock, see the AU:FRM Stock Forecast page.
More about Farm Pride Foods Limited
Farm Pride Foods Limited operates in the agriculture and food industry, specializing in egg products and associated food solutions. The company focuses on providing sustainable and high-quality products to consumers and businesses across Australian markets.
Average Trading Volume: 34,223
Technical Sentiment Signal: Sell
Current Market Cap: A$49.62M
For an in-depth examination of FRM stock, go to TipRanks’ Overview page.