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Macro Metals Director Increases Stake Through Strategic Placement
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Macro Metals Director Increases Stake Through Strategic Placement

Story Highlights
  • Shawn Tilley increased his indirect interest in Macro Metals by acquiring additional shares.
  • The share acquisition is part of a Strategic Placement, reflecting confidence in the company’s future.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Stay Ahead of the Market:

Kogi Iron Ltd. ( (AU:M4M) ) has shared an update.

Macro Metals Limited has announced a change in the director’s interest notice involving Shawn Tilley. As of January 17, 2025, Mr. Tilley has increased his indirect interest in the company by acquiring an additional 100,641,859 fully paid ordinary shares, bringing his total indirectly held shares to 201,283,718. This change results from the issuance of Tranche 2 Shares under the Strategic Placement announced in December 2024, indicating an increased investment and potential confidence in the company’s future by its director.

More about Kogi Iron Ltd.

YTD Price Performance: 8.33%

Average Trading Volume: 13,184,350

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: A$52.32M

Learn more about M4M stock on TipRanks’ Stock Analysis page.

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