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Neurizon Director Increases Stake Through Participation in Share Placement

Story Highlights
  • Neurizon Therapeutics director Sergio Duchini increased his indirect shareholding.
  • Duchini’s participation in the placement signals ongoing insider support for Neurizon’s strategy.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Neurizon Director Increases Stake Through Participation in Share Placement

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Pharmaust Limited ( (AU:NUZ) ) has shared an announcement.

Neurizon Therapeutics has disclosed a change in director Sergio Duchini’s interests, with Duchini, through Kelbury Pty Ltd, acquiring 416,667 fully paid ordinary shares at $0.12 per share in a recent placement. Following the transaction, his indirect holding increased to 1,732,456 shares while his direct holding of 960,000 unlisted options remained unchanged, signalling continued insider support for the company’s capital raising efforts and potentially reinforcing market confidence in its strategic direction.

The most recent analyst rating on (AU:NUZ) stock is a Buy with a A$0.56 price target. To see the full list of analyst forecasts on Pharmaust Limited stock, see the AU:NUZ Stock Forecast page.

More about Pharmaust Limited

Neurizon Therapeutics Limited is a biotechnology company focused on developing therapeutics in the pharmaceutical and life sciences sector. The company is listed on the ASX and operates in drug development, targeting neurological or related therapeutic areas under its corporate structure.

Average Trading Volume: 773,723

Technical Sentiment Signal: Sell

Current Market Cap: A$64.51M

Find detailed analytics on NUZ stock on TipRanks’ Stock Analysis page.

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