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The latest update is out from Infragreen Group Limited ( (AU:IFN) ).
Infragreen Group Limited has announced that Silver Square Investments Pty Ltd, controlled by its Managing Director Declan Sherman, has reached an agreement with substantial shareholders Ellzed Pty Ltd and Andnatco AWX Pty Ltd to settle a private matter related to historical business dealings. As part of the agreement, Silver Square Investments will pay the equivalent value of 7 million shares in Infragreen to each of the two companies by September 2027, with the possibility of settling this liability through share transfers post-escrow. The involved parties have expressed confidence in Infragreen’s strategic direction and commitment to its success.
The most recent analyst rating on (AU:IFN) stock is a Buy with a A$1.30 price target. To see the full list of analyst forecasts on Infragreen Group Limited stock, see the AU:IFN Stock Forecast page.
More about Infragreen Group Limited
Average Trading Volume: 67,302
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$195.7M
For an in-depth examination of IFN stock, go to TipRanks’ Overview page.