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The latest announcement is out from Althea Group Holdings Ltd. ( (AU:PKP) ).
Peak Processing Limited has announced the immediate departure of its Canadian-based Chief Financial Officer, Brian Mbesha, as part of an internal restructure of its finance function linked to a broader cost optimisation program. The company will maintain financial oversight and reporting through its existing finance team, supported on an interim part-time basis by an Australian external professional services firm to handle CFO responsibilities, with the board stating that the changes are intended to strengthen the cost base while preserving sufficient financial expertise to underpin disciplined growth and improved financial performance.
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.
Peak Processing Limited (ASX: PKP) is a leading fast-moving consumer goods company that specialises in the manufacturing, sales and distribution of THC beverages, developing premium, compliant products for adult consumers in regulated global markets including the USA and Canada.
Average Trading Volume: 1,157,853
Technical Sentiment Signal: Sell
Current Market Cap: A$19.03M
See more insights into PKP stock on TipRanks’ Stock Analysis page.