tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Latrobe Magnesium Director Increases Stake Through Entitlement Offer

Story Highlights
Latrobe Magnesium Director Increases Stake Through Entitlement Offer

TipRanks Black Friday Sale

Latrobe Magnesium Limited ( (AU:LMG) ) has shared an announcement.

Latrobe Magnesium Limited has announced a change in the director’s interest in securities. David Oliver Paterson, a director of the company, has increased his holdings through the company’s entitlement offer to shareholders, acquiring additional shares both directly and indirectly. This move reflects a strategic decision to consolidate his stake in the company, potentially signaling confidence in the company’s future prospects and stability.

More about Latrobe Magnesium Limited

Average Trading Volume: 7,150,188

Technical Sentiment Signal: Hold

Current Market Cap: A$86.03M

See more data about LMG stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1