Australian Strategic Materials Director Ups Stake

Australian Strategic Materials Ltd (AU:ASM) has released an update.

Australian Strategic Materials Ltd has reported a change in Director Ian Jeffrey Gandel’s interests, revealing an increase in his indirect holdings of both ordinary shares and options after participating in a one for forty pro rata entitlement offer. The Director’s associated entities acquired additional shares at $1.16 each, with a corresponding number of free attaching options, resulting in no disposals but a significant increase in their overall holdings.

For further insights into AU:ASM stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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