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National Tyre & Wheel Ltd. ( (AU:NTD) ) has provided an update.
National Tyre & Wheel Ltd. has decided to withdraw ‘Resolution 4 – Approval of 10% Placement Capacity’ from its upcoming Annual General Meeting agenda. This decision follows shareholder feedback and the company’s current lack of intention to use the additional placement capacity. The withdrawal will not affect the validity of proxy votes for other resolutions.
The most recent analyst rating on (AU:NTD) stock is a Hold with a A$0.50 price target. To see the full list of analyst forecasts on National Tyre & Wheel Ltd. stock, see the AU:NTD Stock Forecast page.
More about National Tyre & Wheel Ltd.
Average Trading Volume: 45,720
Technical Sentiment Signal: Sell
Current Market Cap: A$50.31M
See more data about NTD stock on TipRanks’ Stock Analysis page.