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MinRex Discloses Director Glenn Whiddon’s Increased Shareholding

Story Highlights
  • MinRex Resources reported updated securities interests for director Glenn Whiddon.
  • Whiddon acquired 12.77 million new shares, enhancing transparency around insider ownership.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
MinRex Discloses Director Glenn Whiddon’s Increased Shareholding

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An update from MinRex Resources Limited ( (AU:MRR) ) is now available.

MinRex Resources Limited has reported a change in the securities interests of director Glenn Whiddon, detailing both his direct holdings and indirect interests held through associated entities. The notice shows Whiddon, via these structures, has acquired 12,765,942 fully paid ordinary shares for a consideration of $210,691.23, with no disposals, while also clarifying that certain indirectly held shares are disclosed solely for good corporate governance as he has no relevant interest in them. This adjustment in director holdings provides increased transparency for shareholders around insider ownership and reinforces the company’s governance practices regarding disclosure of related-party interests.

The most recent analyst rating on (AU:MRR) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on MinRex Resources Limited stock, see the AU:MRR Stock Forecast page.

More about MinRex Resources Limited

Average Trading Volume: 2,433,648

Technical Sentiment Signal: Buy

Current Market Cap: A$18.44M

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

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