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Westar Director’s Stake Surges After Rights Issue
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Westar Director’s Stake Surges After Rights Issue

Westar Resources Ltd. (AU:WSR) has released an update.

Westar Resources Limited has reported a significant change in the holdings of Director Lindsay Grant Franker, with an acquisition of 459,791 direct and 666,666 indirect Fully Paid Ordinary Shares at a price of $0.01 per share through a rights issue acceptance. This transaction has notably increased Franker’s total direct and indirect shareholdings in the company, reinforcing his vested interest in Westar’s performance.

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

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