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QX Resources Announces Change in Director’s Interest

Story Highlights
  • QX Resources Limited announced a change in director’s interest involving Daniel Smith.
  • Orwellian Investments acquired shares and options, aligning director interests with company performance.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
QX Resources Announces Change in Director’s Interest

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QX Resources Ltd ( (AU:QXR) ) has issued an update.

QX Resources Limited has announced a significant change in the director’s interest, specifically involving Daniel Smith. The changes include the acquisition of a substantial number of ordinary shares, unlisted options, and performance shares by Orwellian Investments Pty Ltd, where Smith is a director and indirect shareholder. This change follows shareholder approval at the company’s AGM, indicating a strategic move to align director interests with company performance, potentially impacting the company’s market positioning and stakeholder interests.

More about QX Resources Ltd

Technical Sentiment Signal: Sell

Current Market Cap: A$5.53M

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

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