The latest announcement is out from Melbana Energy Limited ( (AU:MAY) ).
Melbana Energy Limited has announced a change in the directorial interest of Michael John Sandy, involving a shift of 5,300,000 Fully Paid Ordinary (FPO) Shares from direct to indirect ownership. The transaction, completed via an on-market trade, results in Sandy holding a total of 7,300,000 FPO shares indirectly. This change reflects a strategic move in the director’s investment portfolio and may have implications for shareholder perception and market dynamics concerning director confidence in the company’s future performance.
More about Melbana Energy Limited
Average Trading Volume: 455,000
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $62.13M
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