TerraCom Director Ups Stake in Company Shares

TerraCom Limited (AU:TER) has released an update.

TerraCom Limited has announced a significant increase in the number of shares held by Director Danny McCarthy, following an on-market purchase. McCarthy acquired an additional 500,000 fully paid ordinary shares at $0.1754 each, increasing his direct and indirect stake to 3,908,314 shares. This move demonstrates a bolstering of insider confidence in the company’s stock.

For further insights into AU:TER stock, check out TipRanks’ Stock Analysis page.