Cyclone Metals Ltd (AU:CLE) has released an update.
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Cyclone Metals Ltd has announced a change in the director’s interest involving Paul Berend, who has increased his holding through participation in a rights issue. Berend acquired an additional 2,560,417 fully paid ordinary shares at $0.016 per share, reflecting a strategic move to strengthen his position in the company. This development might catch the attention of investors looking at insider actions for potential stock movements.
For further insights into AU:CLE stock, check out TipRanks’ Stock Analysis page.