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Red Hawk Mining Director Sells Shares Amid Takeover

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Red Hawk Mining Director Sells Shares Amid Takeover

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The latest announcement is out from Flinders Mines Limited ( (AU:RHK) ).

Red Hawk Mining Limited has announced a change in the director’s interest notice, indicating a significant shift in the company’s shareholding structure. On February 17, 2025, Steven Michael, a director, disposed of his entire holding of 4,528,847 ordinary shares at $1.20 per share, following the acceptance of an unconditional off-market takeover bid by FMG Pilbara Pty Ltd. This transaction marks a notable change in the company’s ownership dynamics, potentially impacting its strategic direction and stakeholder interests.

More about Flinders Mines Limited

YTD Price Performance: 45.16%

Average Trading Volume: 1

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €153.8M

See more insights into RHK stock on TipRanks’ Stock Analysis page.

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