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The latest announcement is out from Ora Banda Mining ( (AU:OBM) ).
Ora Banda Mining has reported a change in director Peter Mansell’s relevant interest in the company’s securities, reflecting an indirect holding through his spouse, Elizabeth Jane Mansell. She received 7,638 fully paid ordinary shares issued in lieu of cash payment for Mansell’s director fees for the December 2025 quarter, at a deemed issue price of $1.473 per share.
Following the transaction, Mansell’s indirect interests comprise 2,500,000 fully paid ordinary shares held via Manfam Pty Ltd
and 7,638 fully paid ordinary shares held by his spouse. The share-based remuneration, previously approved by shareholders at the November 2023 AGM, underscores the company’s use of equity to compensate directors and align their interests with those of shareholders.
The most recent analyst rating on (AU:OBM) stock is a Buy with a A$1.50 price target. To see the full list of analyst forecasts on Ora Banda Mining stock, see the AU:OBM Stock Forecast page.
More about Ora Banda Mining
Ora Banda Mining Ltd is an Australian mining company focused on the exploration and production of gold. The company operates in Western Australia, seeking to develop and expand its gold resource base for long-term production and shareholder returns.
Average Trading Volume: 9,875,060
Technical Sentiment Signal: Buy
Current Market Cap: A$2.05B
Find detailed analytics on OBM stock on TipRanks’ Stock Analysis page.