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Dalrymple Bay Infrastructure Ltd. ( (AU:DBI) ) has shared an update.
Dalrymple Bay Infrastructure Limited has announced the appointment of its CEO, Mr. Michael Riches, as Managing Director and CEO, reflecting the board’s confidence in his leadership since March 2024. Additionally, non-executive directors Mr. Jonathon Sellar and Mr. Ray Neill have resigned following the sell-down of BIP Bermuda Holdings IV Limited’s interest in the company. DBI is actively searching for new independent directors and will update the market soon.
The most recent analyst rating on (AU:DBI) stock is a Buy with a A$5.00 price target. To see the full list of analyst forecasts on Dalrymple Bay Infrastructure Ltd. stock, see the AU:DBI Stock Forecast page.
More about Dalrymple Bay Infrastructure Ltd.
Dalrymple Bay Infrastructure (DBI) operates the Dalrymple Bay Terminal, the world’s largest metallurgical coal export facility. It provides terminal infrastructure and services for Australian coal exports, serving as a critical link in the global steelmaking supply chain. DBI focuses on operational excellence and capacity expansion to meet strong export demand, aiming to deliver value through stable cashflows and growth.
Average Trading Volume: 4,212,709
Technical Sentiment Signal: Buy
Current Market Cap: A$2.18B
For detailed information about DBI stock, go to TipRanks’ Stock Analysis page.