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An announcement from Frontier Energy Limited ( (AU:FHE) ) is now available.
Frontier Energy Limited has reported a change in director Grant Davey’s indirect interests, following the exercise of 477,825 unquoted options into fully paid ordinary shares valued at $114,678. As a result of this transaction, Davey’s holdings have increased to 52,552,220 fully paid ordinary shares, while his short-term KPI options were reduced by the exercised amount, leaving a portfolio comprised solely of the remaining unexercised long- and short-term KPI options; the move modestly strengthens director alignment with shareholders through a higher equity stake.
The most recent analyst rating on (AU:FHE) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Frontier Energy Limited stock, see the AU:FHE Stock Forecast page.
More about Frontier Energy Limited
Frontier Energy Limited is an Australian-listed company operating in the energy sector. It is focused on developing and managing energy-related assets and projects, with its securities traded on the ASX under standard corporate governance and disclosure requirements.
Average Trading Volume: 255,521
Technical Sentiment Signal: Sell
Current Market Cap: A$130.9M
See more data about FHE stock on TipRanks’ Stock Analysis page.