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Boab Metals MD Simon Noon Increases Indirect Shareholding by 2 Million Shares

Story Highlights
  • Boab Metals’ managing director Simon Noon has increased his indirect interest via Noon A/C.
  • Noon acquired 2,000,000 Boab Metals shares for nil consideration, boosting his equity exposure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Boab Metals MD Simon Noon Increases Indirect Shareholding by 2 Million Shares

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Boab Metals Ltd ( (AU:BML) ) has provided an announcement.

Boab Metals Limited has disclosed a change in the indirect interests of Managing Director Simon Noon, who is a beneficiary of the Noon A/C, under ASX listing rule 3.19A.2. As of 2 February 2026, Noon’s indirect holding increased through the acquisition of 2,000,000 fully paid ordinary shares in the company for nil consideration, with no securities disposed, signalling an uplift in his equity exposure via the associated account and reinforcing his alignment with shareholder interests.

The most recent analyst rating on (AU:BML) stock is a Hold with a A$0.58 price target. To see the full list of analyst forecasts on Boab Metals Ltd stock, see the AU:BML Stock Forecast page.

More about Boab Metals Ltd

Boab Metals Limited is an Australian-listed company in the resources sector, with its securities traded on the ASX and a capital structure that includes fully paid ordinary shares and multiple classes of performance rights for its managing director and directors.

Average Trading Volume: 4,534,646

Technical Sentiment Signal: Buy

Current Market Cap: A$292.8M

For a thorough assessment of BML stock, go to TipRanks’ Stock Analysis page.

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