Birddog Technology Ltd. ( (AU:BDT) ) just unveiled an announcement.
BirdDog Technology Limited announced a breach of ASX Listing Rule 10.1 due to an oversight in obtaining shareholder approval for a selective share buy-back involving a substantial shareholder. The company acknowledged the error and outlined measures to prevent future occurrences, including training sessions and consultations with legal advisors. Despite the breach, BirdDog expressed confidence in the transaction’s metrics, citing significant discounts and strong shareholder support.
More about Birddog Technology Ltd.
BirdDog Technology Limited is a global leader in broadcast-quality video technology, offering software-led solutions that enhance video resolution, speed, and flexibility. Their products, which include PTZ cameras, converters, and cloud software platforms, are designed for professional video, broadcast, and audio-visual markets, serving both private and public sector organizations.
YTD Price Performance: -46.67%
Average Trading Volume: 449,881
Technical Sentiment Signal: Buy
Current Market Cap: A$5.17M
For a thorough assessment of BDT stock, go to TipRanks’ Stock Analysis page.