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An announcement from TerraCom Limited ( (AU:TER) ) is now available.
TerraCom Limited has disclosed a change in director Mark Ludski’s indirect interest in the company’s shares, with his relevant holding, via his spouse, increasing from 250,000 to 562,500 fully paid ordinary shares. The additional 312,500 shares were acquired at $0.06 per share through participation in a rights entitlement offer, signalling continued board-level support for the company’s capital-raising activities and potentially reinforcing confidence in TerraCom’s strategic and financial outlook among investors.
The most recent analyst rating on (AU:TER) stock is a Hold with a A$0.07 price target. To see the full list of analyst forecasts on TerraCom Limited stock, see the AU:TER Stock Forecast page.
More about TerraCom Limited
TerraCom Limited is an Australian-listed resources company operating in the mining sector. The company is involved in the production and sale of coal and related commodities, supplying domestic and export markets through its portfolio of mining assets.
Average Trading Volume: 5,860,972
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$117.2M
See more data about TER stock on TipRanks’ Stock Analysis page.