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Strike Energy Director Increases Stake Through Share Purchase Plan

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Strike Energy Director Increases Stake Through Share Purchase Plan

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Strike Energy Limited ( (AU:STX) ) just unveiled an update.

Strike Energy Limited has announced a change in the director’s interest, with Neville Joseph Power acquiring 500,000 fully paid ordinary shares through a Share Purchase Plan (SPP). This acquisition increases Power’s total indirect holdings to 23,719,885 shares, reflecting a strategic move to strengthen his investment in the company, potentially signaling confidence in the company’s future prospects.

The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.10 price target. To see the full list of analyst forecasts on Strike Energy Limited stock, see the AU:STX Stock Forecast page.

More about Strike Energy Limited

Strike Energy Limited operates in the energy sector, focusing on the exploration and development of oil and gas resources. The company is engaged in producing energy solutions and has a market focus on expanding its resource base and enhancing its production capabilities.

Average Trading Volume: 5,543,028

Technical Sentiment Signal: Sell

Current Market Cap: A$377.9M

See more data about STX stock on TipRanks’ Stock Analysis page.

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