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Motio Limited ( (AU:MXO) ) has shared an update.
Motio Ltd has issued 4 million unquoted performance units (ASX code MXOAD) under its employee incentive scheme, with the securities subject to transfer restrictions and not quoted on the ASX until those restrictions lapse. The move signals the company’s ongoing use of equity-based remuneration to retain and motivate staff, potentially aligning employee incentives more closely with long-term company performance and impacting future dilution for existing shareholders once the units vest and become tradable.
The most recent analyst rating on (AU:MXO) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Motio Limited stock, see the AU:MXO Stock Forecast page.
More about Motio Limited
Average Trading Volume: 353,674
Technical Sentiment Signal: Buy
Current Market Cap: A$18.05M
For detailed information about MXO stock, go to TipRanks’ Stock Analysis page.