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Tasman Resources Director Increases Shareholding via On-Market Purchase

Story Highlights
  • Tasman Resources director Louis Varrasso has increased his shareholding via an on-market purchase.
  • Varrasso acquired 2.3 million shares for $93,450, boosting alignment with shareholders outside any closed period.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tasman Resources Director Increases Shareholding via On-Market Purchase

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Tasman Resources ( (AU:TAS) ) has issued an announcement.

Tasman Resources has disclosed a change in the security holdings of director Louis Varrasso, as required under ASX listing rules. Varrasso, through direct and indirect interests including K-Sum Capital Pty Ltd, has increased his stake in the company via an on-market purchase of 2.3 million fully paid ordinary shares for a consideration of $93,450, lifting his total holding to 4.2 million fully paid ordinary shares, in addition to existing options and vested performance rights. The transaction did not occur during a closed period, indicating routine trading activity and signalling increased financial alignment between the director and shareholders.

The most recent analyst rating on (AU:TAS) stock is a Hold with a A$0.05 price target. To see the full list of analyst forecasts on Tasman Resources stock, see the AU:TAS Stock Forecast page.

More about Tasman Resources

Average Trading Volume: 1,219,404

Technical Sentiment Signal: Sell

Current Market Cap: A$20.92M

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

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