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Greentech Metals Ltd. ( (AU:GRE) ) has shared an announcement.
Greentech Metals Ltd has issued 9 million unquoted Director Performance Rights, a new class of securities not intended to be listed on the ASX, as part of its equity incentive structure. The move underscores the company’s use of performance-based, non-cash remuneration to align director incentives with long-term corporate goals and shareholder value, although it also introduces a potential source of future dilution for existing investors if performance conditions are met and the rights vest.
The most recent analyst rating on (AU:GRE) stock is a Hold with a A$0.15 price target. To see the full list of analyst forecasts on Greentech Metals Ltd. stock, see the AU:GRE Stock Forecast page.
More about Greentech Metals Ltd.
Average Trading Volume: 908,208
Technical Sentiment Signal: Buy
Current Market Cap: A$25.46M
For an in-depth examination of GRE stock, go to TipRanks’ Overview page.