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Spectur Ltd. ( (AU:SP3) ) has shared an update.
Spectur Limited has announced the issuance of 10,970,279 fully paid ordinary shares to directors and employees, replacing cash consideration and converting performance rights. This move, facilitated under the Corporations Act 2001, allows the shares to be sold without disclosure, aligning with regulatory exemptions. This strategic decision reflects Spectur’s commitment to optimizing its financial structure and enhancing stakeholder value, potentially strengthening its market position.
The most recent analyst rating on (AU:SP3) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Spectur Ltd. stock, see the AU:SP3 Stock Forecast page.
More about Spectur Ltd.
Spectur Limited is an Australian-based company specializing in the development and manufacturing of security, surveillance, warning, environmental monitoring, and AI solutions. Their products are powered by solar, IoT, camera, and cloud-based technology, serving industries such as government, utilities, and construction. The company owns Three Crowns Technologies Limited and Spectur New Zealand Limited, with operations across Australia and a customer base of over 600 active clients.
Average Trading Volume: 805,462
Technical Sentiment Signal: Buy
Current Market Cap: A$11.41M
See more insights into SP3 stock on TipRanks’ Stock Analysis page.