Claim 50% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
EQ Resources Limited ( (AU:EQR) ) has shared an update.
EQ Resources Limited has disclosed a change in the securities interests of director Oliver Kleinhempel, in line with ASX listing rules requiring prompt notification of director dealings. Kleinhempel has exercised 312,500 unlisted options at $0.065 each, converting them into fully paid ordinary shares, which increases his direct shareholding to 23,457,211 ordinary shares while reducing his unlisted options by the same amount; this move marginally lifts insider equity ownership and may be interpreted by investors as a signal of confidence in the company’s prospects.
The most recent analyst rating on (AU:EQR) stock is a Hold with a A$0.20 price target. To see the full list of analyst forecasts on EQ Resources Limited stock, see the AU:EQR Stock Forecast page.
More about EQ Resources Limited
EQ Resources Limited is an ASX-listed company, but this notice does not provide details on its industry, products, or services, focusing instead on statutory disclosure of a director’s securities holdings.
Average Trading Volume: 31,329,526
Technical Sentiment Signal: Buy
Current Market Cap: A$878.3M
Learn more about EQR stock on TipRanks’ Stock Analysis page.