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Ardiden Ltd Director Converts Options to Shares

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Ardiden Ltd Director Converts Options to Shares

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Ardiden ( (AU:ADV) ) just unveiled an announcement.

Ardiden Ltd has announced a change in the interest of its director, Douglas Jendry, who has exercised 1,000,000 unlisted options to acquire an equivalent number of fully paid ordinary shares at an exercise price of A$0.20 each. This transaction, which does not involve any change in the total number of securities held, reflects a strategic move by the director to convert options into shares, potentially signaling confidence in the company’s future performance.

More about Ardiden

Average Trading Volume: 504,371

Technical Sentiment Signal: Buy

Current Market Cap: A$20.01M

See more data about ADV stock on TipRanks’ Stock Analysis page.

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