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Director’s Share Disposal Amid FMG Pilbara Takeover

Story Highlights
  • Cheryl Edwardes accepted a takeover offer from FMG Pilbara for her 24,948 shares.
  • The transaction reflects a significant shift in shareholder composition for Red Hawk Mining.
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Director’s Share Disposal Amid FMG Pilbara Takeover

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The latest update is out from Flinders Mines Limited ( (AU:RHK) ).

Red Hawk Mining Ltd has announced a change in the director’s interests as Cheryl Edwardes has accepted a takeover offer from FMG Pilbara Pty Ltd for her 24,948 ordinary shares at $1.20 per share. This transaction results in Ms. Edwardes holding no remaining shares in the company, indicating a significant shift in shareholder composition due to the takeover by FMG Pilbara.

More about Flinders Mines Limited

YTD Price Performance: 45.00%

Average Trading Volume: 1

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €154.5M

For a thorough assessment of RHK stock, go to TipRanks’ Stock Analysis page.

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