The latest update is out from Australian Foundation Investment Co. Ltd. ( (AU:AFI) ).
Australian Foundation Investment Company Limited has announced a change in the director’s interest, specifically for Director Craig Milton Drummond. The notice details the acquisition of 1,092 ordinary shares at $7.40 per share, increasing Drummond’s total holdings to 68,411 shares. This change in director’s interest may reflect confidence in the company’s future performance and could influence stakeholder perceptions regarding the company’s stability and growth potential.
More about Australian Foundation Investment Co. Ltd.
Australian Foundation Investment Company Limited operates in the investment industry, focusing on managing a diversified portfolio of Australian equities. The company aims to provide shareholders with attractive investment returns through a mix of capital and dividend growth over the medium to long term.
Technical Sentiment Consensus Rating: Buy
Learn more about AFI stock on TipRanks’ Stock Analysis page.