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Pointerra Director Damon Fieldgate Acquires 3 Million Shares Under Incentive Plan

Story Highlights
  • Pointerra director Damon Fieldgate acquired 3,000,000 company shares for $240,000.
  • The share purchase was funded by a company loan under Pointerra’s Incentive Share Plan.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Pointerra Director Damon Fieldgate Acquires 3 Million Shares Under Incentive Plan

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Pointerra ( (AU:3DP) ) has provided an update.

Pointerra has disclosed a change in director Damon Fieldgate’s relevant interests, with Fieldgate, as trustee for the Fieldgate Family Trust, acquiring 3,000,000 fully paid ordinary shares in the company for $240,000. The acquisition was funded through a limited recourse loan provided by Pointerra under its Incentive Share Plan for eligible employees, signalling continued use of equity-based remuneration to align management and employee incentives with shareholder interests.

The most recent analyst rating on (AU:3DP) stock is a Sell with a A$0.04 price target. To see the full list of analyst forecasts on Pointerra stock, see the AU:3DP Stock Forecast page.

More about Pointerra

Pointerra Limited is an Australian-listed technology company that operates in the geospatial and 3D data sector, providing digital asset management and analytics solutions, often used by infrastructure, utilities and related industries to manage and visualise large point cloud datasets.

Average Trading Volume: 516,883

Technical Sentiment Signal: Sell

Current Market Cap: A$31.4M

For a thorough assessment of 3DP stock, go to TipRanks’ Stock Analysis page.

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