Income Asset Management Director’s Options Lapse, Shareholdings Unchanged

Income Asset Management Group Limited ( (AU:IAM) ) has issued an announcement.

Income Asset Management Group Limited has disclosed a change in the interests of director Jonathan Lechte, following the expiry of 3.6 million listed options held indirectly through entities Third Return Investments Pty Ltd and Third Return Super Pty Ltd. The expiry resulted in the removal of these options from Lechte’s indirect holdings, while his substantial direct and indirect fully paid ordinary shareholdings in the company remain unchanged, indicating no cash consideration or trading activity but a simplification of his equity position as option entitlements lapse.

The most recent analyst rating on (AU:IAM) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Income Asset Management Group Limited stock, see the AU:IAM Stock Forecast page.

More about Income Asset Management Group Limited

Income Asset Management Group Limited is an Australian-listed company focused on income-focused financial products and services, providing investors with access to fixed income and other yield-oriented investment opportunities. It operates within the broader financial services and investment management industry, targeting clients seeking capital preservation and regular income returns.

Average Trading Volume: 811,886

Technical Sentiment Signal: Sell

Current Market Cap: A$31.65M

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