Hydrocarbon Dynamics (AU:HCD) has released an update.
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Hydrocarbon Dynamics Limited has announced a significant change in the shareholding of director Stephen Mitchell, who has acquired nearly 12 million direct shares and over 11 million indirect shares through Malangi Pty Ltd via a rights issue. This move increases his total holdings to over 119 million shares, indicating a strong vote of confidence in the company’s future prospects.
For further insights into AU:HCD stock, check out TipRanks’ Stock Analysis page.