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SciDev Ltd Director Increases Shareholding with Significant Acquisition

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SciDev Ltd Director Increases Shareholding with Significant Acquisition

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SciDev Ltd ( (AU:SDV) ) just unveiled an announcement.

SciDev Ltd has announced a change in the director’s interest, with Director Mike Utsler acquiring 55,000 fully paid ordinary shares through an on-market purchase at an average price of $0.44 per share. This acquisition increases his total shareholding to 117,111 shares, reflecting a significant personal investment in the company, which could indicate confidence in SciDev’s future performance and strategic direction.

The most recent analyst rating on (AU:SDV) stock is a Hold with a A$0.50 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 operates in the technology sector, focusing on the development and provision of innovative solutions for various industries. The company primarily offers products and services related to environmental and process control technologies, with a market focus on enhancing operational efficiencies and sustainability.

Average Trading Volume: 421,634

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$87.44M

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

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