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Xstate Corrects Director Interest Notice After Reporting Error

Story Highlights
  • Xstate Resources corrected a previous Appendix 3Y filing after discovering an error in director Andrew Bald’s reported securities balance.
  • The updated notice confirms Bald indirectly acquired 500,000 Xstate shares for $8,500, reinforcing the company’s commitment to accurate disclosure.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Xstate Corrects Director Interest Notice After Reporting Error

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Xstate Resources Limited ( (AU:XST) ) has provided an announcement.

Xstate Resources Limited has lodged a corrected Appendix 3Y with the ASX for director Andrew Bald after identifying an error in the previously reported closing balance of his securities. The updated notice confirms an indirect acquisition of 500,000 fully paid ordinary shares on 18 December 2025 for $8,500, clarifying Bald’s actual holdings and underscoring the company’s focus on maintaining accurate disclosure and compliance with director interest reporting requirements.

More about Xstate Resources Limited

Xstate Resources Limited is an ASX-listed company focused on the oil and gas sector, with its primary activities centred on exploration and development. In April 2025, the company expanded its portfolio by acquiring the Diona project in the Surat Bowen Basin of South-West Queensland, positioning itself within a key Australian onshore hydrocarbon region.

YTD Price Performance: -10.0%

Average Trading Volume: 4,643,300

Technical Sentiment Signal: Sell

Current Market Cap: A$7.72M

For a thorough assessment of XST stock, go to TipRanks’ Stock Analysis page.

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