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Peak Processing Limited Issues 13 Million Unquoted Equity Options

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Peak Processing Limited Issues 13 Million Unquoted Equity Options

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Althea Group Holdings Ltd. ( (AU:PKP) ) has shared an announcement.

Peak Processing Limited announced the issuance of 13,000,000 unquoted equity securities in the form of options expiring on December 15, 2027, with an exercise price of $0.025. This issuance is part of an employee incentive scheme and is not intended to be quoted on the ASX, potentially impacting the company’s employee retention and motivation strategies.

The most recent analyst rating on (AU:PKP) stock is a Sell with a A$0.02 price target. To see the full list of analyst forecasts on Althea Group Holdings Ltd. stock, see the AU:PKP Stock Forecast page.

More about Althea Group Holdings Ltd.

Average Trading Volume: 1,404,502

Technical Sentiment Signal: Sell

Current Market Cap: A$21.04M

See more insights into PKP stock on TipRanks’ Stock Analysis page.

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