SkyFii Limited (AU:BEO) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Beonic Limited is set to appoint Michael McConnell as the new Chair of its Board of Directors, succeeding Robert Alexander, who will remain as a Non-Executive Director. Additionally, the company is proposing a 1-for-10 share consolidation to be approved at their upcoming Annual General Meeting, aimed at streamlining their capital structure. These moves are part of Beonic’s strategy to enhance profitability and shareholder returns through its advanced LiDAR technology and strong market presence.
For further insights into AU:BEO stock, check out TipRanks’ Stock Analysis page.