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Avada Group Limited ( (AU:AVD) ) has issued an announcement.
Avada Group Limited announced a change in the director’s interest, specifically regarding Lance Hockridge, who has increased his indirect holdings in the company. The acquisition involved 97,142 ordinary shares at 19.8 cents per share, resulting in a total of 3,884,616 ordinary shares held by Hockridge Estate Pty Ltd and 3,833,373 by Hockridge Superannuation Pty Ltd. This change reflects a strategic move by the director to increase his stake in the company, potentially signaling confidence in Avada Group’s future performance and stability, which may positively influence stakeholder perceptions.
More about Avada Group Limited
Average Trading Volume: 44,150
Technical Sentiment Signal: Sell
For a thorough assessment of AVD stock, go to TipRanks’ Stock Analysis page.