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Karoon Energy Director Increases Shareholding

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Karoon Energy Director Increases Shareholding

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Karoon Energy Ltd ( (AU:KAR) ) just unveiled an update.

Karoon Energy Ltd announced a change in the director’s interest, with Ms. Melissa Holzberger acquiring an additional 12,698 ordinary shares through an on-market trade. This change reflects a significant increase in her indirect interest, now totaling 24,492 shares, potentially indicating confidence in the company’s future performance.

The most recent analyst rating on (AU:KAR) stock is a Hold with a A$2.00 price target. To see the full list of analyst forecasts on Karoon Energy Ltd stock, see the AU:KAR Stock Forecast page.

More about Karoon Energy Ltd

Karoon Energy Ltd is a company operating in the energy sector, focusing on the exploration and production of oil and gas resources.

YTD Price Performance: 20.20%

Average Trading Volume: 4,246,579

Technical Sentiment Signal: Sell

Current Market Cap: A$1.17B

For a thorough assessment of KAR stock, go to TipRanks’ Stock Analysis page.

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