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Gratifii Ltd ( (AU:GTI) ) has issued an update.
Gratifii Limited has disclosed a change in director Patrina Kerr’s holdings, with her interests comprising both direct and indirect stakes in the company’s fully paid ordinary shares and various equity-based instruments. Kerr received 666,666 new fully paid ordinary shares at $0.09 per share, issued as a share-based payment in lieu of director fees following prior shareholder approval, increasing her direct shareholding and further aligning her remuneration with shareholder interests. This equity issuance reflects the company’s continued use of share-based compensation for directors, which may help conserve cash while more closely linking board remuneration to the company’s market performance.
The most recent analyst rating on (AU:GTI) stock is a Sell with a A$0.06 price target. To see the full list of analyst forecasts on Gratifii Ltd stock, see the AU:GTI Stock Forecast page.
More about Gratifii Ltd
Average Trading Volume: 50,949
Technical Sentiment Signal: Sell
Current Market Cap: A$23.45M
See more insights into GTI stock on TipRanks’ Stock Analysis page.