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Reach Resources Limited ( (AU:RR1) ) has shared an update.
Reach Resources Limited has reported a change in the indirect holdings of director Robert Downey, reflecting additional investment by his spouse, Stella Emily Downey. The disclosure highlights the company’s ongoing equity activity and the director’s continued financial exposure to the company’s performance through family-held securities.
According to the filing, Stella Emily Downey acquired 320,000 fully paid ordinary shares on 28 April 2026 by taking up rights under a previously announced entitlement offer. Her total holding has increased to 1,120,000 shares, along with existing listed and unlisted options, signalling sustained insider participation in the company’s capital raising initiatives.
More about Reach Resources Limited
Reach Resources Limited is an Australia-listed company, with its securities traded on the ASX. The company’s capital structure includes fully paid ordinary shares and both listed and unlisted options, reflecting an active use of equity instruments in its corporate financing. Directors and their related parties hold significant stakes through these securities.
Average Trading Volume: 3,891,870
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$11.63M
Find detailed analytics on RR1 stock on TipRanks’ Stock Analysis page.