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Orion Minerals Director Denis Waddell Ups Indirect Stake in $1m Share Subscription

Story Highlights
  • Director Denis Waddell boosted his indirect stake by buying 66.7 million shares.
  • The $1 million share subscription signals strong insider support for Orion’s capital raising.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Orion Minerals Director Denis Waddell Ups Indirect Stake in $1m Share Subscription

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The latest announcement is out from Orion Minerals Limited ( (AU:ORN) ).

Orion Minerals has disclosed a change in director Denis Waddell’s indirect interests following his participation in the company’s recent capital raising. Through associated entities Tarney Holdings Pty Ltd and the DP Waddell Superannuation Fund, Waddell acquired a total of 66,666,666 fully paid ordinary shares for $1 million at an issue price of $0.015 per share, as approved by shareholders at the 27 November 2025 AGM, significantly increasing his indirect shareholding while leaving his existing options unchanged. The transaction reflects strong director support for the capital raising initiative, increasing Waddell’s exposure to the company and signalling confidence that may be closely watched by investors assessing insider alignment and future corporate direction.

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

More about Orion Minerals Limited

Average Trading Volume: 1,248,387

Technical Sentiment Signal: Buy

Current Market Cap: A$161.4M

For detailed information about ORN stock, go to TipRanks’ Stock Analysis page.

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