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The latest announcement is out from Amplitude Energy ( (AU:AEL) ).
Amplitude Energy Limited announced a change in the interest of its director, Ian Richard Davies, in the company’s securities. The director acquired 38,284 ordinary shares through participation in the company’s accelerated, non-renounceable entitlement offer, increasing his total holdings to 731,384 shares. This acquisition reflects the director’s continued confidence in the company’s prospects and may positively impact stakeholder perception of the company’s stability and growth potential.
The most recent analyst rating on (AU:AEL) stock is a Buy with a A$0.30 price target. To see the full list of analyst forecasts on Amplitude Energy stock, see the AU:AEL Stock Forecast page.
More about Amplitude Energy
Average Trading Volume: 6,341,220
Technical Sentiment Signal: Buy
Current Market Cap: A$737.4M
Learn more about AEL stock on TipRanks’ Stock Analysis page.