Cryosite Director Sells Shares Worth $7.35M

Cryosite Limited (AU:CTE) has released an update.

Cryosite Limited has announced a significant change in the holdings of director Andrew John Kroger, who has disposed of 7 million shares off-market for a total of $7.35 million. This transaction has altered Kroger’s interests but he remains in control of over 12 million shares through direct and indirect holdings. Such movements are closely watched by investors as they can signal insider perspectives on the company’s value.

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