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Tasmea Ltd. ( (AU:TEA) ) has issued an update.
Tasmea Ltd. announced a change in the director’s interest notice, specifically involving Stephen Elliott Young, a director and shareholder. The change reflects an increase in securities held by Young and associated entities through a dividend reinvestment plan, indicating a potential strengthening of his financial stake in the company. This adjustment could signal confidence in the company’s future performance and stability, potentially impacting investor sentiment positively.
The most recent analyst rating on (AU:TEA) stock is a Buy with a A$3.00 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.
Average Trading Volume: 248,566
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$646.6M
Learn more about TEA stock on TipRanks’ Stock Analysis page.