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Forrestania Resources Limited ( (AU:FRS) ) just unveiled an announcement.
Forrestania Resources Ltd has disclosed a change in director David Geraghty’s holding in the company, detailing movements in his direct and indirect interests in fully paid ordinary shares, performance rights and listed options. The change arises from the vesting of Tranche 1 of previously approved performance rights, resulting in the issue of additional ordinary shares at no cash consideration and a corresponding reduction in performance rights, a routine corporate governance disclosure that modestly increases Geraghty’s equity exposure and aligns his incentives further with shareholders.
The most recent analyst rating on (AU:FRS) stock is a Hold with a A$0.31 price target. To see the full list of analyst forecasts on Forrestania Resources Limited stock, see the AU:FRS Stock Forecast page.
More about Forrestania Resources Limited
Average Trading Volume: 1,462,102
Technical Sentiment Signal: Buy
Current Market Cap: A$179.2M
For an in-depth examination of FRS stock, go to TipRanks’ Overview page.