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Amplitude Energy Director Acquires Significant Shareholding

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Amplitude Energy Director Acquires Significant Shareholding

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Amplitude Energy ( (AU:AEL) ) has provided an announcement.

Amplitude Energy Limited has announced a change in the director’s interest, with Director Gillian Louise Larkins acquiring 50,000 ordinary shares through an on-market trade at a price of $0.2383 per share. This acquisition reflects a strategic move by the director, potentially indicating confidence in the company’s future prospects and market positioning, which could influence stakeholder perceptions and the company’s stock performance.

The most recent analyst rating on (AU:AEL) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on Amplitude Energy stock, see the AU:AEL Stock Forecast page.

More about Amplitude Energy

Amplitude Energy Limited operates in the energy sector, focusing on the development and distribution of energy solutions. The company is engaged in the production and sale of energy products, catering to a diverse market with a focus on sustainable and innovative energy solutions.

Average Trading Volume: 5,837,416

Technical Sentiment Signal: Buy

Current Market Cap: A$751.4M

For an in-depth examination of AEL stock, go to TipRanks’ Overview page.

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