Top End Energy Limited ( (AU:TEE) ) has shared an announcement.
Top End Energy Limited has announced that Luke Velterop and Vestigo Pty Ltd have become substantial shareholders in the company, holding a 6.96% voting power through 18,909,000 fully paid ordinary shares. This acquisition was made as part of the consideration for acquiring Serpentine Energy Pty Ltd, indicating a strategic move that could enhance Top End Energy Limited’s market position and influence within the energy sector.
More about Top End Energy Limited
YTD Price Performance: -11.82%
Average Trading Volume: 442,276
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$25.82M
See more data about TEE stock on TipRanks’ Stock Analysis page.