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ADX Energy ( (AU:ADX) ) has provided an update.
ADX Energy Ltd announced a change in the director’s interest in securities, involving John Begg, with new shares issued under the Directors’ Share Plan. This change, effective from February 6, 2025, reflects an increase in both direct and indirect holdings for Begg, likely strengthening his position and influence within the company. The issuance was part of a compensation package, aligning director fees and consulting fees with equity, potentially impacting the company’s governance and shareholder value.
More about ADX Energy
ADX Energy Ltd is a company operating in the energy sector with a focus on the exploration and development of oil and gas resources. The company is involved in activities related to the extraction and production of energy resources, serving markets that require oil and gas for various uses.
YTD Price Performance: 60.0%
Average Trading Volume: 44,541
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $9.69M
Learn more about ADX stock on TipRanks’ Stock Analysis page.
