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The latest announcement is out from Caravel Minerals Limited ( (AU:CVV) ).
Caravel Minerals Limited has announced a change in the interest of its director, Alasdair Cooke, involving an off-market acquisition of 8,189,034 ordinary shares. This acquisition, valued at $1,269,300, was the result of a restructure of family trusts, with the newly acquired shares now held in a trust controlled by Mr. Cooke’s spouse. This strategic move may strengthen Mr. Cooke’s influence within the company and could have implications for the company’s governance and shareholder dynamics.
More about Caravel Minerals Limited
Caravel Minerals Limited operates in the mining industry, focusing primarily on mineral exploration and development. The company is engaged in the discovery and development of mineral resources, with a particular emphasis on copper projects in Australia.
YTD Price Performance: 5.00%
Average Trading Volume: 8,875
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €66.7M
Find detailed analytics on CVV stock on TipRanks’ Stock Analysis page.