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Lakes Blue Energy NL Announces Director’s Interest Adjustment

Story Highlights
  • Lakes Blue Energy NL announced changes to Director Roland Sleeman’s securities.
  • The director’s direct holdings decreased and indirect holdings increased due to share transfer.
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Lakes Blue Energy NL Announces Director’s Interest Adjustment

Lakes Blue Energy NL ( (AU:LKO) ) has provided an update.

Lakes Blue Energy NL has announced a change in the director’s interest notice, specifically detailing alterations in the securities held by Director Roland Sleeman. The director’s direct holdings decreased while indirect holdings increased due to the transfer of shares. This maneuver reflects a strategic internal reallocation of shares rather than any acquisition or disposal in the open market, which may influence the company’s governance structure and potentially its valuation.

More about Lakes Blue Energy NL

Average Trading Volume: 15,000

Technical Sentiment Consensus Rating: Sell

Current Market Cap: A$57.83M

Find detailed analytics on LKO stock on TipRanks’ Stock Analysis page.

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