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Bhagwan Marine Ltd. ( (AU:BWN) ) has provided an update.
Bhagwan Marine Ltd. has announced the issuance of 1,351,062 performance rights under an employee incentive scheme. These securities are not quoted on the ASX and are subject to transfer restrictions. This move is part of the company’s strategy to incentivize employees, potentially impacting its operational efficiency and stakeholder engagement.
The most recent analyst rating on (AU:BWN) stock is a Buy with a A$0.80 price target. To see the full list of analyst forecasts on Bhagwan Marine Ltd. stock, see the AU:BWN Stock Forecast page.
More about Bhagwan Marine Ltd.
Bhagwan Marine Ltd. operates in the maritime industry, providing marine services and solutions. The company focuses on offering specialized vessels and support services to various sectors, including oil and gas, renewable energy, and defense.
Average Trading Volume: 440,259
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$161M
For a thorough assessment of BWN stock, go to TipRanks’ Stock Analysis page.