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Director Increases Stake in Cash Converters

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Director Increases Stake in Cash Converters

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The latest announcement is out from Cash Converters International Limited ( (AU:CCV) ).

Cash Converters International Limited announced a change in the director’s interest, with Mark Ashby acquiring 9,288 ordinary fully paid shares through the company’s non-renounceable entitlements offer. This acquisition increases Ashby’s total holdings to 98,176 shares, reflecting a strategic move to strengthen his stake in the company, potentially signaling confidence in the company’s future performance.

The most recent analyst rating on (AU:CCV) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Cash Converters International Limited stock, see the AU:CCV Stock Forecast page.

More about Cash Converters International Limited

Cash Converters International Limited operates in the financial services industry, primarily focusing on providing personal finance solutions and second-hand retail services. The company is known for its pawn-broking services and operates a network of stores offering cash loans and retail of pre-owned goods.

Average Trading Volume: 985,333

Technical Sentiment Signal: Buy

Current Market Cap: A$216.4M

For an in-depth examination of CCV stock, go to TipRanks’ Overview page.

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