Dateline Director George Brack Acquires 650,000 Shares in Approved Placement

Dateline Resources Limited ( (AU:DTR) ) has issued an announcement.

Dateline Resources Limited has disclosed a change in director George Brack’s interests following his acquisition of 650,000 fully paid ordinary shares in the company. The shares, valued at $201,500, mark Brack’s first holding in Dateline, as he previously held no securities.

The new shares were issued to Brack through his participation in a general share placement announced earlier in the year, which received shareholder approval at a March general meeting. The company confirmed the transaction did not occur during a closed trading period and reported no related changes in any director contracts.

The most recent analyst rating on (AU:DTR) stock is a Hold with a A$0.39 price target. To see the full list of analyst forecasts on Dateline Resources Limited stock, see the AU:DTR Stock Forecast page.

More about Dateline Resources Limited

Dateline Resources Limited is an ASX-listed company, though the release does not specify its industry, primary products, or services. The company operates under Australian corporate and securities regulations and is subject to ASX listing rules governing director interests and share dealings.

Average Trading Volume: 19,650,011

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$1.48B

See more data about DTR stock on TipRanks’ Stock Analysis page.