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The latest update is out from Micro-X Ltd. ( (AU:MX1) ).
Micro-X Limited has reported a change in the interests of director Ilona Meyer, as required under ASX listing rules. The company disclosed that Meyer’s holding of 127,877 unlisted performance rights has lapsed due to expiry, leaving her with 589,043 fully paid ordinary shares and 52,631 unlisted options, and confirmed that no trades occurred during a closed period and no consideration was involved in the change. The update clarifies the director’s current equity exposure and removes the previously held performance rights from the company’s overhang of potential equity, offering shareholders greater transparency over board-level incentives and potential future dilution.
The most recent analyst rating on (AU:MX1) stock is a Buy with a A$0.16 price target. To see the full list of analyst forecasts on Micro-X Ltd. stock, see the AU:MX1 Stock Forecast page.
More about Micro-X Ltd.
Average Trading Volume: 328,220
Technical Sentiment Signal: Sell
Current Market Cap: A$63.7M
See more data about MX1 stock on TipRanks’ Stock Analysis page.