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White Energy Company Limited ( (AU:WEC) ) just unveiled an update.
White Energy Company Limited has announced a change in the director’s interest, specifically regarding Brian Flannery’s holdings. Through a rights issue entitlement allotment, Flannery has acquired additional ordinary shares, increasing his indirect and direct holdings. This move could potentially strengthen his influence within the company and reflects a strategic decision to capitalize on the rights issue, which may impact the company’s market positioning and stakeholder confidence.
The most recent analyst rating on (AU:WEC) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on White Energy Company Limited stock, see the AU:WEC Stock Forecast page.
More about White Energy Company Limited
White Energy Company Limited operates in the energy sector, focusing on the production and development of clean coal technologies. The company is involved in enhancing the efficiency of coal usage and reducing emissions, aiming to provide sustainable energy solutions.
Average Trading Volume: 67,144
Technical Sentiment Signal: Sell
Current Market Cap: A$14.13M
Find detailed analytics on WEC stock on TipRanks’ Stock Analysis page.