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Generation Development Group Limited ( (AU:GDG) ) has shared an announcement.
Generation Development Group Limited has issued 1,938,818 fully paid ordinary shares to certain vendors as part of a Share and Option Sale Agreement related to Lonsec Holdings Pty Ltd. This move, executed without disclosure under the Corporations Act, indicates GDG’s strategic efforts to enhance its market positioning and expand its investment portfolio.
The most recent analyst rating on (AU:GDG) stock is a Buy with a A$8.20 price target. To see the full list of analyst forecasts on Generation Development Group Limited stock, see the AU:GDG Stock Forecast page.
More about Generation Development Group Limited
Generation Development Group Limited operates in the financial services industry, focusing on investment and development solutions. The company is listed on the Australian Securities Exchange under the ticker GDG.
Average Trading Volume: 1,647,210
Technical Sentiment Signal: Buy
Current Market Cap: A$2.84B
For a thorough assessment of GDG stock, go to TipRanks’ Stock Analysis page.