Astro Resources NL (AU:ASE) has released an update.
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Astute Metals NL has announced a significant change in Director Vincent Fayad’s holdings, where through direct and indirect interests, he has acquired an additional 1,785,714 fully paid ordinary shares at a value of $49,999.99, via participation in the company’s entitlement offer. This acquisition has increased his total holding to 6,943,209 shares, with his performance share rights remaining unchanged at 700,000. The change reflects Fayad’s growing stake in the company, potentially signaling a bolstered confidence in its future.
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