tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Cyclone Metals Announces Director’s Interest Change

Story Highlights
  • Cyclone Metals Ltd announced a change in director’s interest involving Luke Martino.
  • The change involves acquiring 382,144 shares following an agreement with Iron Bear Unit Trust.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Cyclone Metals Announces Director’s Interest Change

Elevate Your Investing Strategy:

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.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1