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Lunnon Metals Limited ( (AU:LM8) ) just unveiled an update.
Lunnon Metals Limited has announced a change in the director’s interest notice, specifically concerning Edmund Ainscough. The change involves the exercise of 132,286 unquoted performance rights, which are part of a short-term incentive-based remuneration package. This adjustment increases the indirect holding of ordinary fully paid shares by NUB Holdings Pty Ltd, a trust where Ainscough is a director and beneficiary. The exercise of these performance rights reflects a strategic move in executive compensation, potentially impacting the company’s financial structuring and stakeholder interests.
The most recent analyst rating on (AU:LM8) stock is a Buy with a A$0.80 price target. To see the full list of analyst forecasts on Lunnon Metals Limited stock, see the AU:LM8 Stock Forecast page.
More about Lunnon Metals Limited
Average Trading Volume: 193,995
Technical Sentiment Signal: Buy
Find detailed analytics on LM8 stock on TipRanks’ Stock Analysis page.