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RemSense Technologies Ltd. ( (AU:REM) ) has shared an update.
RemSense Technologies Ltd has notified the market of the issue of 1,000,000 unquoted options, exercisable at $0.10 and expiring on 30 June 2028, under its existing capital management arrangements. The new options, which are not intended to be quoted on the ASX, modestly expand the company’s pool of equity-based incentives and may support future alignment of interests between the company and its stakeholders through potential future equity participation.
The most recent analyst rating on (AU:REM) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on RemSense Technologies Ltd. stock, see the AU:REM Stock Forecast page.
More about RemSense Technologies Ltd.
RemSense Technologies Ltd is an Australian-listed technology company (ASX: REM) that operates in the industrial technology and data solutions sector. The company focuses on developing and providing advanced digital technologies, including remote sensing, imaging, and related software and services, to clients in asset-intensive industries seeking improved operational efficiency and data-driven decision-making.
Average Trading Volume: 243,306
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$10.47M
For a thorough assessment of REM stock, go to TipRanks’ Stock Analysis page.