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Symal Group Limited ( (AU:SYL) ) just unveiled an update.
Symal Group Limited announced the issuance of unquoted equity securities, specifically options expiring on July 24, 2031, with an exercise price of $1.85, totaling 9,210,303 units. This move is part of an employee incentive scheme and is not intended for quotation on the ASX, potentially impacting the company’s employee retention and motivation strategies.
The most recent analyst rating on (AU:SYL) stock is a Buy with a A$2.15 price target. To see the full list of analyst forecasts on Symal Group Limited stock, see the AU:SYL Stock Forecast page.
More about Symal Group Limited
Average Trading Volume: 103,104
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$418M
Find detailed analytics on SYL stock on TipRanks’ Stock Analysis page.