Ecofibre Ltd. ( (AU:EOF) ) just unveiled an update.
Ecofibre Ltd. has announced the issuance of 1,500,000 unquoted employee share rights under an employee incentive scheme. These securities are subject to transfer restrictions and will not be quoted on the ASX until the restrictions are lifted, reflecting the company’s commitment to employee engagement and retention.
More about Ecofibre Ltd.
Ecofibre Ltd. operates in the sustainable materials industry, focusing on the production and development of hemp-based products. The company is engaged in providing innovative solutions for various markets, including textiles, nutraceuticals, and industrial applications.
YTD Price Performance: 10.0%
Average Trading Volume: 9,161
Technical Sentiment Signal: Buy
Current Market Cap: $5.97M
See more insights into EOF stock on TipRanks’ Stock Analysis page.