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Finder Energy Holdings Limited ( (AU:FDR) ) has provided an announcement.
Finder Energy Holdings Limited has disclosed a change in director Frederick Wehr’s interests in the company’s securities, in line with ASX listing requirements. Through a related entity and jointly with a family member, Wehr has increased his holding by 81,081 fully paid ordinary shares, bringing his total direct and indirect shareholding to 706,081 shares, while his existing options remain unchanged. The additional shares were acquired for approximately $29,999.97 via participation in Tranche 2 of a previously announced placement, signaling continued director support for the company’s equity raising efforts and alignment of management interests with shareholders ahead of the company’s upcoming ASX trading milestones and option expiry timelines.
The most recent analyst rating on (AU:FDR) stock is a Hold with a A$0.39 price target. To see the full list of analyst forecasts on Finder Energy Holdings Limited stock, see the AU:FDR Stock Forecast page.
More about Finder Energy Holdings Limited
Finder Energy Holdings Limited is an Australia-based energy company listed on the ASX, focused on oil and gas exploration and development activities. The company issues ordinary shares and options as part of its capital structure and director and management incentive arrangements.
Average Trading Volume: 970,422
Technical Sentiment Signal: Buy
Current Market Cap: A$187.6M
Find detailed analytics on FDR stock on TipRanks’ Stock Analysis page.