tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Kinetiko Energy Director Increases Stake with Strategic Share Acquisition

Story Highlights
Kinetiko Energy Director Increases Stake with Strategic Share Acquisition

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Kinetiko Energy Ltd. ( (AU:KKO) ) just unveiled an announcement.

Kinetiko Energy Ltd. has announced a significant change in the interests of its director, Robert Anthony Scharnell Jnr, who acquired 2,500,000 ordinary fully paid shares and 5,500,000 director options, increasing his total holdings. This move, involving a $100,000 participation in a placement, reflects strategic positioning within the company and could influence its operational dynamics and stakeholder interests.

More about Kinetiko Energy Ltd.

Kinetiko Energy Ltd. operates in the energy sector, focusing on the exploration and development of gas and energy resources. The company is primarily involved in the production of natural gas and aims to expand its market presence in the energy industry.

Average Trading Volume: 291,236

Technical Sentiment Signal: Buy

Current Market Cap: A$118.4M

See more data about KKO stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1