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Gullewa Limited Issues Unquoted Equity Securities

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Gullewa Limited ( (AU:GUL) ) just unveiled an announcement.

Gullewa Limited has announced the issuance of 1,500,000 unquoted equity securities with an option strike price of 7.7 cents, set to expire on November 22, 2029. This issuance, part of an employee incentive scheme, reflects the company’s ongoing efforts to strengthen its financial framework and incentivize its workforce, potentially impacting its operational strategies and stakeholder interests.

More about Gullewa Limited

YTD Price Performance: 0%

Average Trading Volume: 52,833

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$12.21M

For a thorough assessment of GUL stock, go to TipRanks’ Stock Analysis page.

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