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Little Green Pharma Ltd. ( (AU:LGP) ) has provided an announcement.
Little Green Pharma Ltd has announced the issuance of 7,200,000 unquoted equity securities in the form of options under an employee incentive scheme. These securities are subject to transfer restrictions and will not be quoted on the ASX until the restrictions are lifted. This move is part of the company’s strategy to incentivize and retain its workforce, potentially impacting its operational efficiency and market positioning positively.
The most recent analyst rating on (AU:LGP) stock is a Buy with a A$0.18 price target. To see the full list of analyst forecasts on Little Green Pharma Ltd. stock, see the AU:LGP Stock Forecast page.
More about Little Green Pharma Ltd.
Little Green Pharma Ltd operates in the pharmaceutical industry, focusing on the production and distribution of medical cannabis products. The company is involved in developing and supplying high-quality cannabis-based medicines to improve patient outcomes.
Average Trading Volume: 153,872
Technical Sentiment Signal: Buy
Current Market Cap: A$37.34M
For a thorough assessment of LGP stock, go to TipRanks’ Stock Analysis page.