Toro Energy (AU:TOE) has released an update.
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Toro Energy Ltd has announced that director Michel Marier has increased his stake in the company through an on-market acquisition of 100,000 Fully Paid Ordinary Shares at a value of $26,000. Following the transaction, Marier now holds a total of 600,000 shares, alongside 400,000 Performance Rights and 332,675 Listed Options. This latest financial move reflects a growing confidence by the director in the company’s prospects.
For further insights into AU:TOE stock, check out TipRanks’ Stock Analysis page.