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Cyclone Metals Ltd ( (AU:CLE) ) has issued an update.
Cyclone Metals Ltd has announced a change in the director’s interest notice, involving an indirect interest held by Luke Martino through LJM Capital Corporation Pty Ltd and LJM Enterprises (WA) Pty Ltd. The change involves the acquisition of 382,144 fully paid ordinary shares as a non-cash distribution valued at $0.043 per share. This development follows the company’s agreement with the Iron Bear Unit Trust and the subsequent shareholder approval for a success fee, which allowed directors to participate in the success fee distribution.
More about Cyclone Metals Ltd
YTD Price Performance: 12.50%
Average Trading Volume: 2,045,942
Technical Sentiment Signal: Sell
Current Market Cap: A$63.89M
For a thorough assessment of CLE stock, go to TipRanks’ Stock Analysis page.