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The latest update is out from Amplitude Energy ( (AU:AEL) ).
Amplitude Energy Limited has announced a change in the indirect interest of its director, John Craig Conde, through the acquisition of 299,883 ordinary shares. These shares were acquired at $0.24 each through the company’s accelerated, non-renounceable entitlement offer, increasing his total shareholding to 2,204,137 shares. This move reflects a strategic participation in the company’s capital raising efforts, potentially strengthening the director’s alignment with shareholder interests and supporting the company’s financial strategies.
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
Average Trading Volume: 6,341,220
Technical Sentiment Signal: Buy
Current Market Cap: A$737.4M
Find detailed analytics on AEL stock on TipRanks’ Stock Analysis page.