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Bindi Metals Director Ariel King Surrenders Performance Rights, Retains Equity Stake

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Bindi Metals Director Ariel King Surrenders Performance Rights, Retains Equity Stake

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An update from Bindi Metals Ltd. ( (AU:BIM) ) is now available.

Bindi Metals Limited has disclosed a change in the securities interests of director Ariel (Eddie) King, primarily involving indirect holdings through entities of which he is a director and shareholder. The filing shows that King has disposed of all his Class A and Class B performance rights, both via La Paz Resources Pty Ltd and King Corporate Pty Ltd, while retaining his fully paid ordinary shares and listed options; the move simplifies his incentive-based exposure but does not alter his substantial equity and option position in the company.

The most recent analyst rating on (AU:BIM) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Bindi Metals Ltd. stock, see the AU:BIM Stock Forecast page.

More about Bindi Metals Ltd.

Average Trading Volume: 194,246

Technical Sentiment Signal: Sell

Current Market Cap: A$8.93M

For detailed information about BIM stock, go to TipRanks’ Stock Analysis page.

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