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Strike Energy Limited ( (AU:STX) ) has issued an update.
Strike Energy Limited has reported a change in director Neville Power’s holdings, with no impact on his substantial indirect shareholding in the company. Power previously held 23,719,885 fully paid ordinary shares and 6,000,000 unlisted options through the Myube Trust, an entity he controls. The company disclosed that all 6,000,000 unlisted options, which carried an exercise price of $0.40 and were due to expire on 24 November, have lapsed unexercised and been cancelled, leaving Power’s indirect interest solely in fully paid shares. The transaction did not involve any trading during a closed period and required no consideration, indicating a routine expiry rather than an active divestment, and suggests no immediate change in the director’s equity exposure to the company’s share price performance.
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
Average Trading Volume: 4,606,121
Technical Sentiment Signal: Sell
Current Market Cap: A$377.9M
For detailed information about STX stock, go to TipRanks’ Stock Analysis page.