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Latin Resources Limited ( (AU:LRS) ) has provided an announcement.
Latin Resources Limited announced a change in the director’s interest, where Brent Jones, a director and shareholder of Unrandom Pty Ltd and Vonetta Pty Ltd, converted 3,000,000 Performance Incentive Rights into fully paid ordinary shares. This conversion was part of the Employee Incentive Plan and followed a change in control. Additionally, 1,000,000 fully paid ordinary shares from loan funded shares were traded on-market, with the consideration used to repay the loan. These transactions indicate active management of equity interests, possibly impacting the company’s market perception and shareholder value.
More about Latin Resources Limited
Latin Resources Limited is a company operating in the resources sector, primarily focusing on exploration and development projects.
YTD Price Performance: 6.25%
Average Trading Volume: 11,110,110
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$476.9M
See more data about LRS stock on TipRanks’ Stock Analysis page.
