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Carbonxt Group Ltd. Director Increases Stake with New Option Acquisition

Story Highlights
  • Carbonxt Group Ltd. specializes in activated carbon products for pollution control.
  • Director Nicholas Andrews acquired 1,000,000 options, boosting his holdings significantly.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Carbonxt Group Ltd. Director Increases Stake with New Option Acquisition

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The latest update is out from Carbonxt Group Ltd. ( (AU:CG1) ).

Carbonxt Group Ltd. has announced a change in the director’s interest, with Nicholas Andrews acquiring 1,000,000 quoted options, increasing his total holdings to 1,038,333 quoted options. This acquisition, executed through Dewberri Pty Ltd , reflects strategic positioning within the company, potentially impacting shareholder confidence and market perception of the company’s governance and future direction.

More about Carbonxt Group Ltd.

Carbonxt Group Ltd. operates in the environmental technology industry, focusing on the development and supply of specialized activated carbon products. These products are primarily used for air and water purification, targeting markets that require solutions for pollution control and environmental compliance.

Average Trading Volume: 198,056

Technical Sentiment Signal: Buy

Current Market Cap: A$37.26M

Find detailed analytics on CG1 stock on TipRanks’ Stock Analysis page.

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