tiprankstipranks

Reedy Lagoon Director Increases Stake Through Rights Issue

Reedy Lagoon Director Increases Stake Through Rights Issue

Reedy Lagoon Corporation Limited (AU:RLC) has released an update.

Confident Investing Starts Here:

Reedy Lagoon Corporation Limited has announced a significant change in the securities interest of its director, Geoffrey H Fethers, through a pro rata rights issue. Fethers’ total securities holdings increased by 62,985,840 shares, now totaling over 140 million shares across various entities. This strategic move reflects a substantial commitment to the company’s financial endeavors.

For further insights into AU:RLC stock, check out TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1