Murray Cod Australia Director Ross Anderson Steps Down but Retains Significant Indirect Stake

Murray Cod Australia Limited ( (AU:MCA) ) has issued an announcement.

Murray Cod Australia Limited has announced the cessation of Ross Anderson as a director effective 20 February 2026, formalised through a final director’s interest notice to the ASX. The filing discloses that Anderson holds no shares directly, but retains indirect interests totaling 5,477,476 shares via Anderson’s Investment Service P/L ATF ClearPoint Capital Global Markets Fund and Kimbalex Investments Pty Ltd ATF Kimbalex Trust, signalling that while he is stepping down from the board, he remains financially exposed to the company’s performance as a significant shareholder.

This change in board composition may prompt investors to reassess governance dynamics and oversight at the aquaculture group, although Anderson’s continued indirect holdings suggest ongoing alignment of interests with other shareholders. The absence of any disclosed contractual interests further indicates that his relationship with the company will primarily continue through these equity stakes rather than ongoing service or consultancy arrangements.

The most recent analyst rating on (AU:MCA) stock is a Hold with a A$0.54 price target. To see the full list of analyst forecasts on Murray Cod Australia Limited stock, see the AU:MCA Stock Forecast page.

More about Murray Cod Australia Limited

Murray Cod Australia Limited operates in the aquaculture sector, focusing on the production and sale of Murray cod, a premium freshwater fish native to Australia. The company targets domestic and potentially export seafood markets, supplying high-value protein to retailers, restaurants, and wholesalers seeking sustainable, traceable fish products.

Average Trading Volume: 187,240

Technical Sentiment Signal: Sell

Current Market Cap: A$63.8M

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