Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
An update from WhiteHawk Ltd. ( (AU:WHK) ) is now available.
WhiteHawk Limited has outlined the terms and conditions governing 3,000,000 performance rights issued under its shareholder-approved Performance Rights and Options Plan. The performance rights are granted for nil consideration and vest in three classes over one, two and three years, contingent on continuous employment and the company achieving escalating aggregate revenue milestones of A$250,000, A$500,000 and A$750,000 respectively; each right converts into one ordinary share upon exercise before the four-year expiry in November 2029, but carries no voting, dividend or new-issue participation rights prior to exercise and is generally non-transferable, reinforcing a long-term, performance-based incentive structure for employees.
The most recent analyst rating on (AU:WHK) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on WhiteHawk Ltd. stock, see the AU:WHK Stock Forecast page.
More about WhiteHawk Ltd.
WhiteHawk Limited (ASX: WHK) is an Australia-headquartered company operating between Perth, WA and Alexandria, VA, and runs an Employee Securities Incentive Plan through which it issues performance rights and options to staff as part of its remuneration and retention strategy.
Average Trading Volume: 3,891,356
Technical Sentiment Signal: Sell
Current Market Cap: A$7.32M
Learn more about WHK stock on TipRanks’ Stock Analysis page.