Great Western Exploration Limited (AU:GTE) has released an update.
In a recent update from Great Western Exploration Limited, Director Kevin Clarence Somes has modified his stake in the company, with a notable acquisition of 1,923,077 fully paid ordinary shares and an equal number of free attaching unlisted options as part of Tranche 2 of a placement that shareholders approved on September 26, 2024. This transaction has resulted in a considerable increase in Somes’ direct holdings, while there were no changes in his indirect interests. The purchase was executed at a price of 2.6 cents per share, reflecting active participation from the director in the company’s equity.
For further insights into AU:GTE stock, check out TipRanks’ Stock Analysis page.