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Sunda Energy CEO Increases Stake with Major Share Purchase

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Sunda Energy CEO Increases Stake with Major Share Purchase

Confident Investing Starts Here:

Baron Oil ( (GB:SNDA) ) has shared an announcement.

Sunda Energy Plc announced that its CEO, Dr. Andy Butler, has acquired 38 million ordinary shares of the company, increasing his total shareholding to approximately 2.55% of the company’s voting rights. This acquisition signifies a strong commitment from the CEO, potentially boosting investor confidence and impacting the company’s market perception positively.

More about Baron Oil

Sunda Energy Plc is an exploration and appraisal company listed on the AIM market, focusing on gas assets in Southeast Asia.

Average Trading Volume: 216,476,940

Technical Sentiment Signal: Sell

Current Market Cap: £7.33M

Learn more about SNDA stock on TipRanks’ Stock Analysis page.

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