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Silex Systems Limited ( (AU:SLX) ) has shared an announcement.
Silex Systems has disclosed a change in the interests of director Michael Goldsworthy, who holds his stake both directly and indirectly through Majenta Holdings Pty Ltd. The filing outlines his substantial existing shareholding, including ordinary shares, options and performance rights, underscoring his continued alignment with the company.
Goldsworthy sold 650,000 fully paid ordinary shares in an on-market institutional broker transaction at $6.63 per share, reducing Majenta Holdings’ stake but retaining a significant overall position. The company stated the sale was made to meet the director’s personal financial planning needs, indicating no strategic shift while providing transparency for investors on board-level ownership changes.
The most recent analyst rating on (AU:SLX) stock is a Hold with a A$6.50 price target. To see the full list of analyst forecasts on Silex Systems Limited stock, see the AU:SLX Stock Forecast page.
More about Silex Systems Limited
Silex Systems Limited is an Australian company focused on advanced technology development, notably in areas such as laser-based processes and related high-tech applications. Its operations target specialised markets where precision engineering and innovative systems can provide competitive advantages and long-term growth opportunities for stakeholders.
YTD Price Performance: -20.05%
Average Trading Volume: 1,769,549
Technical Sentiment Signal: Buy
Current Market Cap: A$1.92B
For detailed information about SLX stock, go to TipRanks’ Stock Analysis page.