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Bubalus Director Brendan Borg Increases Indirect Shareholding via On-Market Buy

Story Highlights
  • Bubalus Resources director Brendan Borg has increased his indirect shareholding through an on-market purchase.
  • He bought 100,000 shares for $9,500, lifting his stake to 2.3 million shares while retaining 3 million performance rights.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bubalus Director Brendan Borg Increases Indirect Shareholding via On-Market Buy

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The latest announcement is out from Bubalus Resources Ltd. ( (AU:BUS) ).

Bubalus Resources has reported a change in the indirect holdings of director Brendan Borg, in line with ASX disclosure requirements. The notice details his interests held through a family super fund and a private company structure.

Borg acquired 100,000 fully paid ordinary shares via an on-market purchase for $9,500, increasing his holding to 2.3 million shares while retaining 3 million performance rights expiring in May 2028. The transaction, conducted outside a closed period, signals increased director exposure to the company’s equity without any disposals or contract-related changes.

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

More about Bubalus Resources Ltd.

Bubalus Resources Limited is an ASX-listed company, though this filing does not specify its sector or core operations. The company is subject to Australian corporate and securities regulations, including director disclosure requirements under the Corporations Act and ASX Listing Rules.

Average Trading Volume: 254,100

Technical Sentiment Signal: Sell

Current Market Cap: A$6.5M

See more data about BUS stock on TipRanks’ Stock Analysis page.

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