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3D Oil Limited ( (AU:TDO) ) has provided an update.
3D Energi Limited has disclosed a change in the interests of director Noel Newell, who has increased his indirect holding in the company through participation in a shareholder-approved placement. Newell, via associated entities, acquired 1,818,182 fully paid ordinary shares at $0.11 per share for a total of $200,000 and received 909,091 free attaching unlisted options exercisable at $0.18 and expiring on 24 December 2026, boosting his indirect shareholding and adding option exposure. The transaction, approved at the company’s November 2025 annual general meeting, underscores management’s financial alignment with shareholders and modestly strengthens insider ownership as the company progresses its capital-raising strategy.
More about 3D Oil Limited
3D Energi Limited is an Australian-listed energy exploration and production company focused on developing oil and gas assets. The company participates in capital market activities, including placements, to fund its exploration and development programs and support ongoing operational and strategic initiatives.
Average Trading Volume: 1,749,576
Technical Sentiment Signal: Buy
Current Market Cap: A$68.15M
See more insights into TDO stock on TipRanks’ Stock Analysis page.