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Foresta Group Director Russell Allen Sees Expiry of 210 Million Unlisted Options

Story Highlights
  • Foresta Group reported a change in director Russell Allen’s interests under ASX disclosure rules.
  • Allen’s 210 million unlisted options expired, trimming potential dilution while his shareholdings remain unchanged.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Foresta Group Director Russell Allen Sees Expiry of 210 Million Unlisted Options

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An update from Leaf Resources Limited ( (AU:FGH) ) is now available.

Foresta Group Holdings Limited has disclosed a change in director Russell Allen’s interests in the company’s securities, as required under ASX listing rules. The filing shows that 210 million unlisted options held indirectly via SWAT7D Pty Ltd, where Allen is sole director, have expired without consideration, leaving his substantial direct and indirect shareholdings and convertible notes unchanged, a move that slightly reduces potential future equity dilution without affecting his existing ownership stake.

The most recent analyst rating on (AU:FGH) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Leaf Resources Limited stock, see the AU:FGH Stock Forecast page.

More about Leaf Resources Limited

Average Trading Volume: 1,650,238

Technical Sentiment Signal: Buy

Current Market Cap: A$111.2M

For detailed information about FGH stock, go to TipRanks’ Stock Analysis page.

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