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Askari Metals Limited ( (AU:AS2) ) has shared an update.
Askari Metals director Martin Holland has increased his indirect stake in the company through Holland International Pty Ltd, subscribing to 10 million fully paid ordinary shares at an issue price of $0.01 each in a placement. As part of the same transaction, he also received 10 million AS2OB options exercisable at $0.022 expiring 31 December 2028 and 10 million AS2OC options exercisable at $0.015 expiring 30 November 2028, with a 12‑month holding lock imposed on all new securities, underscoring his long‑term alignment with the company and modestly tightening the free float for other shareholders.
The most recent analyst rating on (AU:AS2) stock is a Sell with a A$0.01 price target. To see the full list of analyst forecasts on Askari Metals Limited stock, see the AU:AS2 Stock Forecast page.
More about Askari Metals Limited
Askari Metals Limited is an Australian-listed company, with its securities traded on the ASX. The company issues fully paid ordinary shares and various classes of options as part of its capital management and financing activities, including placements to investors and related parties.
Average Trading Volume: 2,309,812
Technical Sentiment Signal: Sell
Current Market Cap: A$9.23M
For a thorough assessment of AS2 stock, go to TipRanks’ Stock Analysis page.