Sprintex Limited (AU:SIX) has released an update.
Sprintex Limited has appointed Steven Apedaile as Executive Chairman, leveraging his 30-year experience in driving growth to target a 10-fold increase in market cap to $250 million by December 2026. Apedaile’s compensation includes performance-based shares, aligning his interests with the company’s ambitious growth objectives. With a current market cap of approximately $25 million, Sprintex is poised for a transformative scale-up in the next 12 months as it transitions to mass production.
For further insights into AU:SIX stock, check out TipRanks’ Stock Analysis page.