TMK Energy Limited (AU:TMK) has released an update.
In a notable update for investors, Professor John Warburton, a director of TMK Energy Limited, has significantly increased his stake in the company by acquiring an additional 7,500,000 fully paid ordinary shares through participation in a Share Purchase Plan. The purchase, made at a cost of $30,000, or $0.004 per share, has raised Warburton’s total holdings to 15,500,000 shares, alongside his existing options. This move could signal confidence in TMK Energy’s future, potentially influencing the company’s stock performance.
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