Iperionx Limited (AU:IPX) has released an update.
Iperionx Limited has announced that director Todd Hannigan has increased his indirect stake in the company by acquiring 593,750 fully paid ordinary shares, valued at A$1.9 million. This acquisition was part of a share placement approved by shareholders, signaling a vote of confidence in the company’s future prospects. Investors might find this move interesting as it reflects the director’s growing commitment and belief in Iperionx’s potential.
For further insights into AU:IPX stock, check out TipRanks’ Stock Analysis page.