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Galilee Energy Limited ( (AU:GLL) ) just unveiled an update.
Galilee Energy Limited has notified the ASX of the issue of 24 million unquoted performance rights, expanding its pool of equity-based incentives. The move signals the company’s continued use of performance-linked securities to align management and employee remuneration with shareholder interests, potentially influencing future dilution and capital structure for existing investors.
The most recent analyst rating on (AU:GLL) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Galilee Energy Limited stock, see the AU:GLL Stock Forecast page.
More about Galilee Energy Limited
Average Trading Volume: 1,784,710
Technical Sentiment Signal: Sell
Current Market Cap: A$6.29M
For an in-depth examination of GLL stock, go to TipRanks’ Overview page.