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An update from CGN Resources Ltd. ( (AU:CGR) ) is now available.
CGN Resources Ltd. announced a change in the director’s interest, specifically concerning Daniel (Stan) Wholley. The company reported that Mr. Wholley’s indirect interest, through his spouse Jeanette Wholley, increased by acquiring 70,000 ordinary shares valued at $6,300. This change reflects an on-market purchase, resulting in Mr. Wholley holding a total of 3,320,000 ordinary shares. This acquisition could indicate confidence in the company’s future prospects, potentially impacting stakeholder perceptions and the company’s market positioning.
More about CGN Resources Ltd.
YTD Price Performance: 56.67%
Average Trading Volume: 112,732
Technical Sentiment Signal: Sell
Current Market Cap: A$10.36M
Learn more about CGR stock on TipRanks’ Stock Analysis page.