Raiden Resources Limited ( (AU:RDN) ) has issued an announcement.
Raiden Resources Limited has announced a change in the director’s interest, specifically concerning Mr. Michael Davy. The company reported that Mr. Davy, through Davy Corp Pty Ltd ATF Davy Investment, acquired an additional 5,000,000 fully paid ordinary shares via on-market trades, increasing his total holdings to 35,023,215 shares. This acquisition, valued at $22,500, suggests a strategic move by Mr. Davy to strengthen his stake in the company, potentially indicating confidence in the company’s future prospects and stability.
More about Raiden Resources Limited
Technical Sentiment Signal: Buy
Current Market Cap: €8.52M
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