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Qualitas Limited ( (AU:QAL) ) has shared an update.
Qualitas Limited has announced the quotation of 1,250,529 fully paid ordinary securities on the Australian Securities Exchange (ASX). This move is part of an employee incentive scheme, allowing these securities to be traded without transfer restrictions. The issuance of these securities is expected to enhance liquidity and potentially improve market perception of the company, benefiting stakeholders by aligning employee interests with company performance.
The most recent analyst rating on (AU:QAL) stock is a Buy with a A$4.26 price target. To see the full list of analyst forecasts on Qualitas Limited stock, see the AU:QAL Stock Forecast page.
More about Qualitas Limited
Average Trading Volume: 518,164
Technical Sentiment Signal: Buy
Current Market Cap: A$1.1B
For an in-depth examination of QAL stock, go to TipRanks’ Overview page.