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Astral Resources NL ( (AU:AAR) ) has shared an update.
Astral Resources NL has disclosed a change in director David Varcoe’s indirect holdings in the company, reflecting his participation in a previously announced share placement. The transaction, carried out via his spouse and the San Lorenzo Super Fund in which he is a beneficiary, involved the acquisition of 100,000 additional ordinary shares at $0.20 per share, lifting his indirect shareholding position while leaving his options unchanged; the move modestly increases director-aligned ownership and signals ongoing insider support for the company’s capital-raising efforts.
The most recent analyst rating on (AU:AAR) stock is a Hold with a A$0.27 price target. To see the full list of analyst forecasts on Astral Resources NL stock, see the AU:AAR Stock Forecast page.
More about Astral Resources NL
Average Trading Volume: 4,462,089
Technical Sentiment Signal: Buy
Current Market Cap: A$492.7M
For a thorough assessment of AAR stock, go to TipRanks’ Stock Analysis page.