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Genmin Director John Hodder Sees 5 Million Options Expire

Story Highlights
  • Genmin reported an update to director John Hodder’s indirectly held securities under ASX rules.
  • Five million of Hodder’s unlisted options expired, leaving him with large share and option holdings.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Genmin Director John Hodder Sees 5 Million Options Expire

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Genmin Ltd. ( (AU:GEN) ) has provided an update.

Genmin Ltd. has reported a change in the interests of director John Hodder, whose holdings are held indirectly through Haphisth Pty Ltd and Harry Belle Holdings Pty Ltd. The update was lodged with the ASX under the standard director interest notification rules.

Hodder’s 5,000,000 unlisted options exercisable at $0.20, which were due to expire on 31 March 2026, have lapsed in accordance with their terms and were not replaced. Following this expiry, he continues to hold 537,942,614 fully paid ordinary shares and 260,471,307 options exercisable at $0.015 expiring on 18 December 2027, indicating a substantial ongoing equity exposure to the company.

The most recent analyst rating on (AU:GEN) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Genmin Ltd. stock, see the AU:GEN Stock Forecast page.

More about Genmin Ltd.

Genmin Ltd. is an Australian-listed company, though the filing does not specify its industry, products, or geographic focus. The disclosure instead centres on director shareholdings and changes in equity-linked securities, reflecting routine governance and compliance activity for a listed entity.

Average Trading Volume: 10,692,212

Technical Sentiment Signal: Sell

Current Market Cap: A$24.2M

Find detailed analytics on GEN stock on TipRanks’ Stock Analysis page.

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