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White Energy Director Increases Stake Through Rights Issue

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White Energy Director Increases Stake Through Rights Issue

Confident Investing Starts Here:

White Energy Company Limited ( (AU:WEC) ) has issued an announcement.

White Energy Company Limited has announced a change in the director’s interest in securities, with Vince O’Rourke acquiring additional ordinary shares both directly and indirectly through a rights issue entitlement allotment. This change reflects a significant increase in O’Rourke’s stake, indicating a potential boost in confidence in the company’s future prospects and could impact the company’s market perception positively.

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 and other energy-related products.

YTD Price Performance: 430.0%

Average Trading Volume: 982

Technical Sentiment Signal: Hold

Current Market Cap: $3.88M

See more insights into WEC stock on TipRanks’ Stock Analysis page.

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