Red Metal Limited (AU:RDM) has released an update.
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Red Metal Limited has reported a significant increase in director Joshua Pitt’s shareholding, with the acquisition of 947,899 ordinary shares, bringing his total to over 27.6 million shares. This transaction highlights a strong vote of confidence from the director, potentially boosting investor interest in the company. The acquisition was made through on-market purchases, reflecting the director’s bullish outlook on the company’s future performance.
For further insights into AU:RDM stock, check out TipRanks’ Stock Analysis page.