ADX Energy Director Bolsters Stake

ADX Energy (AU:ADX) has released an update.

John Begg, a director at ADX Energy Ltd, has increased his stake in the company through an indirect interest, acquiring 380,952 shares and 190,476 options at an estimated value of $39,999.96. The transaction, part of Tranche 2 of Placement approved by shareholders, leaves Begg with a total of 411,332 shares and 690,476 options. This move signals a boost in the director’s confidence in the company’s future, potentially indicating positive momentum for ADX Energy’s stock.

For further insights into AU:ADX stock, check out TipRanks’ Stock Analysis page.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


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