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Tryptamine Therapeutics director ups stake with on-market share buy

Story Highlights
  • Psychedelic biotech Tryptamine Therapeutics develops neurotherapies for mental health markets.
  • Director Jason Carroll bought one million shares for A$30,000, boosting his stake to 53.3 million.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Tryptamine Therapeutics director ups stake with on-market share buy

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An announcement from Tryptamine Therapeutics ( (AU:ENP) ) is now available.

Tryptamine Therapeutics, operating through Entropy Neurodynamics Limited, is a psychedelic-focused biotechnology company developing novel neurotherapeutics for mental health indications. Director Jason Carroll strengthened his alignment with shareholders by purchasing 1 million ordinary shares on market for A$30,000, lifting his direct holding to 53.3 million shares while retaining his extensive suite of performance and incentive options, signaling confidence in the company’s trajectory amid its continuing capital structure commitments.

The most recent analyst rating on (AU:ENP) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on Tryptamine Therapeutics stock, see the AU:ENP Stock Forecast page.

More about Tryptamine Therapeutics

Average Trading Volume: 2,525,760

Technical Sentiment Signal: Sell

Current Market Cap: A$49.95M

Find detailed analytics on ENP stock on TipRanks’ Stock Analysis page.

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