Cauldron Energy Director Increases Shareholding Through Option Conversion

Cauldron Energy ( (AU:CXU) ) has shared an announcement.

Cauldron Energy has disclosed a change in the interests of director Qiu Derong, who has converted 9,973,149 listed options into fully paid ordinary shares at a total cost of $149,598. Following the conversion, Qiu’s holding has increased from 195,030,462 to 205,003,611 fully paid ordinary shares, signalling a higher direct equity exposure and long-term alignment with shareholders, while leaving no remaining listed options held by the director.

The most recent analyst rating on (AU:CXU) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Cauldron Energy stock, see the AU:CXU Stock Forecast page.

More about Cauldron Energy

Cauldron Energy Limited is an Australian-listed resources company active in the energy and mining sector, with its securities traded on the ASX. The company’s capital structure includes fully paid ordinary shares and listed options, reflecting a typical financing mix for junior and mid-tier resource explorers and developers focused on funding project advancement through equity markets.

YTD Price Performance: 81.82%

Average Trading Volume: 4,299,065

Technical Sentiment Signal: Hold

Current Market Cap: A$36.42M

Learn more about CXU stock on TipRanks’ Stock Analysis page.