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Alice Queen director trims direct option holding in off-market trade

Story Highlights
  • Director Andrew Buxton sold 25 million Alice Queen AQXO options off-market at $0.004, significantly reducing his direct option holding.
  • After the trade Buxton retains substantial direct and indirect stakes, indicating portfolio rebalancing rather than a full retreat from Alice Queen.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Alice Queen director trims direct option holding in off-market trade

Meet Samuel – Your Personal Investing Prophet

Alice Queen Ltd. ( (AU:AQX) ) has issued an update.

Alice Queen director Andrew Buxton has reduced his direct holding of Alice Queen quoted options via an off-market trade, disposing of 25 million AQXO options at $0.004 each. Following the transaction, Buxton retains 16.56 million quoted options and 194,500 ordinary shares directly, along with an unchanged indirect interest of 842,350 ordinary shares and 84,235 options held through BBW Holdings Pty Ltd as trustee for his superannuation-related entities.

The change represents a significant cut in Buxton’s direct option exposure while leaving his indirect equity stake intact, signalling a rebalancing of his personal position rather than a complete exit. The disposal may draw investor attention to insider activity and capital management at Alice Queen, although the company has not outlined any broader strategic implications stemming from this director-level trade.

The most recent analyst rating on (AU:AQX) stock is a Hold with a A$0.01 price target. To see the full list of analyst forecasts on Alice Queen Ltd. stock, see the AU:AQX Stock Forecast page.

More about Alice Queen Ltd.

Alice Queen Limited is an Australian-listed company, though the release provides no detail on its industry, core operations or primary products. The announcement centres on changes to securities held by director Andrew Buxton, rather than operational or strategic business developments.

Average Trading Volume: 4,904,467

Technical Sentiment Signal: Sell

Current Market Cap: A$19.25M

For an in-depth examination of AQX stock, go to TipRanks’ Overview page.

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