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Adavale Resources Limited ( (AU:ADD) ) just unveiled an announcement.
Adavale Resources Limited announced a change in the director’s interest, specifically for Maurice Dominic Matich, involving the acquisition of 952,380 fully paid ordinary shares through a director placement approved by shareholders. This change increases Mr. Matich’s total holdings to over two million shares, indicating a strengthened personal investment in the company, which could signal confidence in the company’s future prospects and potentially impact stakeholder perceptions positively.
More about Adavale Resources Limited
Adavale Resources Limited operates in the resources industry, focusing on exploration and development of mineral resources. The company is involved in identifying and acquiring resource projects with potential for significant value creation.
Average Trading Volume: 862,484
Technical Sentiment Signal: Sell
Current Market Cap: A$6.72M
For detailed information about ADD stock, go to TipRanks’ Stock Analysis page.