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Magnetic Resources NL ( (AU:MAU) ) just unveiled an update.
Magnetic Resources NL has announced a change in the director’s interest in securities. Mr. Hian Siang Chan, a director, has converted 750,000 unlisted options into 37,832 ordinary shares using the Cashless Option Method, resulting in a new holding of 30,387,555 shares and 750,000 unlisted options exercisable at $1.53 on or before December 2026. This change reflects a strategic adjustment in the director’s investment, potentially impacting the company’s stock dynamics and investor perceptions.
The most recent analyst rating on (AU:MAU) stock is a Buy with a A$3.98 price target. To see the full list of analyst forecasts on Magnetic Resources NL stock, see the AU:MAU Stock Forecast page.
More about Magnetic Resources NL
Average Trading Volume: 367,470
Technical Sentiment Signal: Hold
Current Market Cap: A$361.7M
See more insights into MAU stock on TipRanks’ Stock Analysis page.