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Home Consortium Ltd ( (AU:HMC) ) just unveiled an announcement.
HMC Digital Infrastructure Ltd has announced a revision to its fee arrangements with DigiCo Infrastructure REIT, where management fees will be satisfied by issuing securities at a fixed IPO offer price of $5.00 per security until June 2025, instead of using a monthly VWAP formula. This change will result in HMC receiving approximately 0.93 million fewer securities, and it may extend this arrangement into FY26. The amendment is not considered a material change, so no securityholder approval is needed.
The most recent analyst rating on (AU:HMC) stock is a Hold with a A$6.95 price target. To see the full list of analyst forecasts on Home Consortium Ltd stock, see the AU:HMC Stock Forecast page.
More about Home Consortium Ltd
DigiCo Infrastructure REIT (DGT) is a diversified owner, operator, and developer of data centers, with a global portfolio that includes 13 data centers across key Australian and North American markets. The REIT focuses on Stabilised, Value-add, and Development opportunities, with a planned IT capacity of 238MW, including 76MW of installed IT capacity and a 162MW development pipeline.
Average Trading Volume: 1,932,482
Technical Sentiment Signal: Sell
Current Market Cap: A$1.98B
For a thorough assessment of HMC stock, go to TipRanks’ Stock Analysis page.