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Sprintex Limited ( (AU:SIX) ) just unveiled an announcement.
Sprintex Limited has announced the issuance of new unquoted equity securities in the form of performance rights with various expiration dates. This move is part of an employee incentive scheme and involves a total of 89 million performance rights, which are not intended to be quoted on the ASX. The issuance of these securities is expected to enhance employee engagement and align their interests with the company’s long-term goals.
The most recent analyst rating on (AU:SIX) stock is a Hold with a A$0.06 price target. To see the full list of analyst forecasts on Sprintex Limited stock, see the AU:SIX Stock Forecast page.
More about Sprintex Limited
Average Trading Volume: 277,879
Technical Sentiment Signal: Buy
Current Market Cap: A$38.24M
See more data about SIX stock on TipRanks’ Stock Analysis page.