Hydrocarbon Dynamics ( (AU:HCD) ) has issued an announcement.
Hydrocarbon Dynamics Limited has announced a significant change in the shareholding interests of its director, Ray Shorrocks. The director acquired 25,000,000 fully paid ordinary shares and 12,500,000 unlisted options, resulting in a considerable increase in his stakes in the company. This move, conducted through the sub-underwriting of a rights issue, raises Shorrocks’ total shareholding to 36,461,050 ordinary shares, highlighting a potential strategic positioning and confidence in the company’s future prospects.
More about Hydrocarbon Dynamics
Hydrocarbon Dynamics Limited is a company operating in the energy sector, focusing on the production and distribution of hydrocarbons. The company is involved in the development and commercialization of products related to hydrocarbon extraction and processing, targeting markets that require efficient and advanced energy solutions.
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $1.3M
Learn more about HCD stock on TipRanks’ Stock Analysis page.