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Director Increases Stake in White Energy Company

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Director Increases Stake in White Energy Company

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White Energy Company Limited ( (AU:WEC) ) just unveiled an announcement.

White Energy Company Limited has announced a change in the director’s interest in securities. Gregory Keith Whitehouse, a director of the company, has increased his indirect interest in the company by acquiring 370,370 ordinary shares through a rights issue entitlement allotment, bringing his total to 3,053,397 shares. This change in shareholding reflects a strategic move by the director to increase his stake in the company, which could indicate confidence in the company’s future prospects.

The most recent analyst rating on (AU:WEC) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on White Energy Company Limited stock, see the AU:WEC Stock Forecast page.

More about White Energy Company Limited

Average Trading Volume: 67,144

Technical Sentiment Signal: Sell

Current Market Cap: A$14.13M

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

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