Jupiter Energy Director Geoff Gander Increases Indirect Shareholding via On-Market Purchase

Jupiter Energy ( (AU:JPR) ) just unveiled an update.

Jupiter Energy Limited has disclosed a change in director Geoff Gander’s notifiable interest in the company’s securities, in accordance with ASX listing requirements. Through Svoboda Superannuation Pty Ltd, of which he is a beneficiary, Gander acquired 217,360 additional Jupiter Energy ordinary shares on market at an average price of $0.0225 per share, increasing his indirect shareholding while his direct holdings and remuneration share rights remain unchanged. The transaction, which did not occur during a closed trading period, modestly strengthens insider ownership and signals continued director alignment with shareholder interests without altering any contractual interests in the company’s securities.

The most recent analyst rating on (AU:JPR) stock is a Hold with a A$0.02 price target. To see the full list of analyst forecasts on Jupiter Energy stock, see the AU:JPR Stock Forecast page.

More about Jupiter Energy

Jupiter Energy Limited is an energy company listed on the ASX, operating in the oil and gas sector. The company focuses on exploration and production activities, with its securities traded under the code JPR, and utilizes equity instruments, including ordinary shares and remuneration share rights, as part of its capital and executive remuneration structure.

Average Trading Volume: 308,167

Technical Sentiment Signal: Strong Sell

Current Market Cap: A$32.02M

For an in-depth examination of JPR stock, go to TipRanks’ Overview page.