State Gas Director Buys Shares, Signals Confidence
Company Announcements

State Gas Director Buys Shares, Signals Confidence

State Gas Ltd. (AU:GAS) has released an update.

Director Jon Stretch of State Gas Limited has increased his indirect interest in the company, acquiring 1,081,335 ordinary shares at $0.05 each and 368,204 options through the Stretch Family Trust – 2016, raising his total holdings to 3,244,004 shares. This transaction was part of the accelerated component of an ANREO, a financial move that signals potential growth and increased director confidence in the company’s future.

For further insights into AU:GAS stock, check out TipRanks’ Stock Analysis page.

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