Claim 70% Off TipRanks This Holiday Season
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
Spenda Limited ( (AU:SPX) ) has provided an announcement.
Spenda Limited has decided not to proceed with the previously approved issuance of 50 million options to director Francis DeSouza, despite shareholder approval at its 2025 AGM, following further discussions between the board and the director. The company plans to consider an alternative, incentive-based remuneration structure for its board and executives at a later date, a move that may signal a reassessment of its approach to executive incentives and capital dilution that could be welcomed by governance-focused investors.
The most recent analyst rating on (AU:SPX) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Spenda Limited stock, see the AU:SPX Stock Forecast page.
More about Spenda Limited
Spenda Limited (ASX:SPX) operates an integrated business platform serving supply chain participants, providing both software solutions and payment processing infrastructure to help businesses sell more effectively and accelerate cash collection. Its offering spans software, payments and lending, enabling end-to-end e-invoicing, rapid ordering, digital trust and automated reconciliation, while integrating multiple disparate systems into a single standardised operating environment that supports SaaS, B2B and B2C payments and B2B supply chain finance revenue streams.
Technical Sentiment Signal: Sell
Current Market Cap: A$13.55M
See more insights into SPX stock on TipRanks’ Stock Analysis page.