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An update from Caspin Resources Ltd. ( (AU:CPN) ) is now available.
Caspin Resources has disclosed a change in Managing Director Greg Miles’ interests in the company’s securities, with the acquisition of 1,250,000 ordinary fully paid shares and the simultaneous cancellation of 1,250,000 Class A performance rights that were previously issued under a director incentive package. The transaction, undertaken for nil cash consideration, represents an internal reclassification within Miles’ existing incentive structure rather than a market purchase or sale, and slightly reshapes the mix of his equity exposure from performance-based rights to ordinary shares while maintaining transparency around executive alignment with shareholders.
The most recent analyst rating on (AU:CPN) stock is a Hold with a A$0.08 price target. To see the full list of analyst forecasts on Caspin Resources Ltd. stock, see the AU:CPN Stock Forecast page.
More about Caspin Resources Ltd.
Caspin Resources Limited is an Australian-listed resources company focused on mineral exploration and development, with its securities traded on the ASX. The company’s capital structure includes ordinary fully paid shares, unlisted options and various classes of performance rights used as part of director and executive incentive arrangements.
Average Trading Volume: 1,326,788
Technical Sentiment Signal: Buy
Current Market Cap: A$25.69M
Learn more about CPN stock on TipRanks’ Stock Analysis page.