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Xstate Director Greg Channon Increases Indirect Shareholding

Story Highlights
  • Director Greg Channon acquired 280,000 Xstate shares on-market via Ruby Lloyd Pty Ltd.
  • The purchase lifts his indirect holding to 516,993 shares, signalling increased alignment with shareholders.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Xstate Director Greg Channon Increases Indirect Shareholding

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Xstate Resources Limited ( (AU:XST) ) just unveiled an update.

Xstate Resources Limited has reported a change in the indirect shareholding of director Greg Channon through his associated entity Ruby Lloyd Pty Ltd. Channon acquired 280,000 fully paid ordinary shares on-market for $5,040 on 18 December 2025, increasing his indirect holding to 516,993 ordinary shares, while his existing 1,793,722 unlisted options expiring 30 June 2026 remain unchanged. The transaction, conducted outside a closed period and requiring no special clearance, modestly boosts director alignment with shareholders but does not alter the company’s capital structure or indicate any broader strategic shift.

More about Xstate Resources Limited

YTD Price Performance: -15.00%

Average Trading Volume: 4,675,592

Technical Sentiment Signal: Sell

Current Market Cap: A$4.91M

Find detailed analytics on XST stock on TipRanks’ Stock Analysis page.

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