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Buru Energy ( (AU:BRU) ) has shared an update.
Buru Energy Limited announced a change in the director’s interest, with Director David Maxwell acquiring 1,500,000 additional fully paid ordinary shares, increasing his total to 7,500,000 shares. This acquisition was made through the Share Purchase Plan offer announced earlier, reflecting a strategic move to strengthen the director’s stake in the company, potentially signaling confidence in the company’s future prospects.
More about Buru Energy
Buru Energy Limited operates in the energy sector, focusing primarily on oil and gas exploration and production. The company is involved in developing energy resources in the Canning Basin region of Western Australia, aiming to contribute to the energy supply and market growth in the region.
Average Trading Volume: 2,496,746
Technical Sentiment Signal: Sell
Current Market Cap: A$16.83M
Learn more about BRU stock on TipRanks’ Stock Analysis page.