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Market Herald Ltd ( (AU:GUM) ) has provided an announcement.
Gumtree Australia Markets Limited has announced a change in the director’s interest, with Director Tommy Logtenberg acquiring an additional 25,000 fully paid ordinary shares, bringing his total to 1,580,277 shares. This acquisition, made at $0.17 per share through an on-market purchase, reflects a strategic move that could indicate confidence in the company’s future performance, potentially impacting its market positioning and stakeholder perceptions.
More about Market Herald Ltd
Gumtree Australia Markets Limited operates in the online marketplace industry, providing a platform for buying and selling goods and services. The company focuses on facilitating transactions between individuals and businesses in Australia.
Average Trading Volume: 67,404
Technical Sentiment Signal: Buy
Current Market Cap: A$54.57M
Find detailed analytics on GUM stock on TipRanks’ Stock Analysis page.