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An update from Tasmea Ltd. ( (AU:TEA) ) is now available.
Tasmea Limited has updated its Securities Trading Policy to introduce a formal approval process for margin lending arrangements involving company securities by Key Management Personnel (KMP). This amendment requires KMP to obtain written approval before engaging in margin loan arrangements, aiming to enhance transparent governance and responsible share management. The changes also offer flexibility for the Founders to maintain their shares amid potential tax law changes, reflecting confidence in Tasmea’s business model and outlook.
The most recent analyst rating on (AU:TEA) stock is a Buy with a A$5.00 price target. To see the full list of analyst forecasts on Tasmea Ltd. stock, see the AU:TEA Stock Forecast page.
More about Tasmea Ltd.
Tasmea Limited owns and operates 25 inter-dependent Australian specialist trade skill services businesses. The company focuses on essential shutdown, programmed maintenance, emergency breakdown, and brownfield upgrade services for fixed plant. It serves a blue-chip customer base across six growing industry sectors: mining and resources, oil and gas, defence, infrastructure and facilities, power and renewable energy, telecommunications, retail, waste, and water.
Average Trading Volume: 360,082
Technical Sentiment Signal: Buy
Current Market Cap: A$1.06B
For a thorough assessment of TEA stock, go to TipRanks’ Stock Analysis page.