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Frontier Energy Limited ( (AU:FHE) ) just unveiled an announcement.
Frontier Energy Limited has announced a change in the indirect holdings of director Chris Bath, who holds interests through Chivington Pty Ltd and Bath Investments Pty Ltd. The company disclosed that Bath has exercised 318,550 unquoted options into fully paid ordinary shares at a consideration of $76,452, increasing his shareholding to 3,977,735 shares while reducing his options by the same amount. The transaction reflects the conversion of performance-related options into equity, modestly increasing director equity alignment with shareholders without altering the company’s overall capital structure in a material way.
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
Average Trading Volume: 255,521
Technical Sentiment Signal: Sell
Current Market Cap: A$130.9M
For detailed information about FHE stock, go to TipRanks’ Stock Analysis page.