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The latest announcement is out from Riedel Resources Limited ( (AU:RIE) ).
Riedel Resources Limited has disclosed a change in director Scott Cuomo’s interests in the company’s securities, as required under ASX listing rules. The filing notes that Cuomo holds interests both directly and indirectly through several entities with which he is associated.
On 30 January 2026, Cuomo was issued 312,501 share rights at nil cash consideration, representing director fees of $12,500 for the quarter ended 31 December 2025, as previously approved by shareholders at a meeting on 13 August 2025. The issuance increases his unlisted share rights expiring 30 November 2029 to 1,719,233, signalling that the company continues to use equity-based remuneration to compensate directors, aligning their interests more closely with shareholders while conserving cash.
The most recent analyst rating on (AU:RIE) stock is a Hold with a A$0.04 price target. To see the full list of analyst forecasts on Riedel Resources Limited stock, see the AU:RIE Stock Forecast page.
More about Riedel Resources Limited
Average Trading Volume: 449,398
Technical Sentiment Signal: Sell
Current Market Cap: A$8.99M
For detailed information about RIE stock, go to TipRanks’ Stock Analysis page.