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Strike Energy Limited ( (AU:STX) ) just unveiled an announcement.
Strike Energy Limited has disclosed a change in director Stephen Bizzell’s relevant interests in the company’s securities, reporting the expiry and cancellation of 5,000,000 unlisted options that were held indirectly through BCP Alpha Investments Pty Ltd. Following the lapse of these options, Bizzell’s indirect interests now comprise only fully paid ordinary shares held via trustee and custodian arrangements, a development that slightly simplifies the director’s equity exposure and removes a sizeable tranche of potential future dilution from the company’s capital structure.
The most recent analyst rating on (AU:STX) stock is a Hold with a A$0.11 price target. To see the full list of analyst forecasts on Strike Energy Limited stock, see the AU:STX Stock Forecast page.
More about Strike Energy Limited
Strike Energy Limited is an Australian-listed energy company engaged in the exploration and development of oil and gas assets, with its securities traded on the ASX. The company operates within the broader energy sector, focusing on upstream activities and associated capital markets participation through listed shares and options.
Average Trading Volume: 4,606,121
Technical Sentiment Signal: Sell
Current Market Cap: A$377.9M
See more insights into STX stock on TipRanks’ Stock Analysis page.