Cosol director Stephen Johnston lifts indirect shareholding after results

Cosol Limited ( (AU:COS) ) has issued an update.

Cosol Limited has disclosed a change in the indirect shareholding of director Stephen Johnston, without providing additional information about its business operations or sector. The notice, lodged with the ASX, centres on Johnston’s holdings through related trustee companies.

Johnston, via JRF Co Pty Ltd as trustee for the Johnston Retire Fund, acquired 500,000 ordinary fully paid shares in an on‑market purchase following the release of company results, for a consideration of $149,999.20. This transaction lifts his indirect holding in that account to 24,453,595 shares, while his separate indirect holding of 950,000 shares through Johnston Co Pty Ltd as trustee for the Johnston Family account remains unchanged, signalling increased equity alignment with shareholders without any disposals.

The most recent analyst rating on (AU:COS) stock is a Hold with a A$0.33 price target. To see the full list of analyst forecasts on Cosol Limited stock, see the AU:COS Stock Forecast page.

More about Cosol Limited

Cosol Limited is an ASX-listed company, though the release does not specify its industry, products, or services. The announcement focuses solely on changes to a director’s shareholding and does not detail the company’s operational activities or market focus.

Average Trading Volume: 124,951

Technical Sentiment Signal: Sell

Current Market Cap: A$53.69M

For detailed information about COS stock, go to TipRanks’ Stock Analysis page.