State Gas Ltd. (AU:GAS) has released an update.
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In a significant on-market trade, Director Philip St Baker has increased his direct holdings in State Gas Limited, with the acquisition of 8,051,360 ordinary shares at $0.045 each, elevating his direct interest to a total of 14,722,121 ordinary shares. This move comes alongside his existing indirect holdings, which remain unchanged at 10,387,970 ordinary shares. The transaction reflects a notable change in the director’s investment in the company, potentially signaling confidence in State Gas Limited’s prospects.
For further insights into AU:GAS stock, check out TipRanks’ Stock Analysis page.