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Bounty Oil & Gas NL ( (AU:BUY) ) has provided an update.
Bounty Oil & Gas NL has responded to a query from the ASX regarding an unusual increase in the trading volume of its securities. The company stated that it is not aware of any undisclosed information that could explain the recent trading activity. Additionally, Bounty confirmed that a Federal Court hearing related to PEP 11 proceedings commenced as scheduled, with further hearings to be conducted in Sydney. The company assures compliance with ASX Listing Rules and has authorized its responses in line with its continuous disclosure policy.
More about Bounty Oil & Gas NL
Bounty Oil & Gas NL is a company operating in the oil and gas industry, focusing on exploration and production activities. The company is engaged in the development of energy resources and has a market presence in Australia.
Current Market Cap: A$6.25M
For a thorough assessment of BUY stock, go to TipRanks’ Stock Analysis page.