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Duxton Water Ltd. ( (AU:RIV) ) has provided an announcement.
Duxton Water Ltd. announced a change in the interest of its director, Stephen Duerden, who is also a director at Duxton Capital Investments Pty Ltd. The change involved the conversion of 3,000,000 Performance Rights into Fully Paid Ordinary Shares, issued upon the termination of a Transitional Services Agreement. This adjustment reflects a significant increase in the number of shares held indirectly by Duxton Capital Investments Pty Ltd, indicating a strategic realignment of interests within the company.
The most recent analyst rating on (AU:RIV) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:RIV Stock Forecast page.
More about Duxton Water Ltd.
Average Trading Volume: 110,858
Technical Sentiment Signal: Strong Buy
Current Market Cap: A$236.6M
See more data about RIV stock on TipRanks’ Stock Analysis page.