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Middle Island Director Increases Indirect Shareholding via On-Market Purchase

Story Highlights
  • Middle Island director Daniel Raihani increased his indirect stake by 4 million shares.
  • His total indirect holding now stands at 61 million shares, suggesting increased alignment with investors.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Middle Island Director Increases Indirect Shareholding via On-Market Purchase

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Middle Island Resources Limited ( (AU:MDI) ) has shared an announcement.

Middle Island Resources has disclosed a change in director Daniel Raihani’s indirect interest in the company, with an associated entity, 7 Enterprises Pty Ltd, acquiring 4 million shares on market between 19 and 22 December 2025 at an average price of $0.0297 per share. Following this on-market purchase, Raihani’s indirect holding has increased to 61 million shares while his unlisted options position remains unchanged, signalling a modest uptick in director alignment with shareholders and potentially reflecting confidence in the company’s prospects.

More about Middle Island Resources Limited

Middle Island Resources Limited is an Australian-listed resources company operating in the mining and exploration sector. The company is focused on identifying, acquiring and developing mineral resource projects, providing investors with exposure to exploration upside and potential project development in the commodities space.

YTD Price Performance: 150.0%

Average Trading Volume: 1,543,663

Technical Sentiment Signal: Buy

Current Market Cap: A$29.8M

For a thorough assessment of MDI stock, go to TipRanks’ Stock Analysis page.

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