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SciDev Ltd ( (AU:SDV) ) has issued an announcement.
SciDev Ltd has disclosed a change in director Jon Gourlay’s shareholding, with the board member increasing his direct stake in the company through a series of on-market trades executed between 24 and 29 April 2026. Gourlay acquired 241,626 fully paid ordinary shares at prices ranging from A$0.095 to A$0.11, lifting his holding from 1,129,885 to 1,371,551 shares and signaling strengthened director alignment with shareholders without any disposals recorded.
The company confirmed the transactions did not occur during a closed trading period, meaning no special clearance procedures were required under its governance policies. The move modestly boosts director ownership and may be viewed by the market as a vote of confidence in SciDev’s prospects and capital market valuation, given the purchases were made voluntarily on-market and funded at prevailing share prices.
The most recent analyst rating on (AU:SDV) stock is a Buy with a A$0.60 price target. To see the full list of analyst forecasts on SciDev Ltd stock, see the AU:SDV Stock Forecast page.
More about SciDev Ltd
SciDev Ltd is an Australian-listed company. The business operates in the industrial and resources sector, with its shares traded as fully paid ordinary securities on the ASX, attracting interest from institutional and board-level investors.
Average Trading Volume: 378,473
Technical Sentiment Signal: Sell
Current Market Cap: A$22.81M
See more insights into SDV stock on TipRanks’ Stock Analysis page.