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An announcement from Duxton Water Ltd. ( (AU:RIV) ) is now available.
Duxton Water-linked entity Rivco Australia Limited has disclosed a change in director Edouard Peter’s interests, with a modest reduction in his directly held fully paid ordinary shares while maintaining his substantial indirect holdings through family trusts and related entities. The sale of 12,619 shares for about $18,500 slightly trims Peter’s direct exposure but leaves the overall governance and control profile largely intact, signalling routine portfolio management rather than a strategic shift for the company or its investors.
The most recent analyst rating on (AU:RIV) stock is a Buy with a A$1.65 price target. To see the full list of analyst forecasts on Duxton Water Ltd. stock, see the AU:RIV Stock Forecast page.
More about Duxton Water Ltd.
Duxton Water Ltd., through related entity Rivco Australia Limited, operates in the investment and asset management sector, with directors and associated trusts holding significant positions in the company’s fully paid ordinary shares and bonus options. The structure of holdings includes both direct ownership by directors and indirect stakes via family trusts, nominee arrangements, and associated investment vehicles.
Average Trading Volume: 118,901
Technical Sentiment Signal: Buy
Current Market Cap: A$226.3M
Learn more about RIV stock on TipRanks’ Stock Analysis page.