Insider Buying: 3D Energi (ASX:TDO) Insider Acquires A$38,333.41 in Stock

3D Energi Limited (ASX:TDO) insider Noel Newell acquired 333,334 shares of the stock in a transaction that occurred on Wednesday, October 15th. The stock was purchased at an average price of A$0.12 per share, with a total value of A$38,333.41.

Noel Newell also recently made the following trade(s):

• On Friday, October 17th, Noel Newell acquired 7,537 shares of 3D Energi stock. The stock was purchased at an average price of A$0.11 per share, with a total value of A$829.07.
• On Monday, October 20th, Noel Newell bought 192,463 shares of 3D Energi stock. The stock was bought at an average cost of A$0.11 per share, with a total value of A$21,170.93.

3D Energi Price Performance

The company has a market capitalization of $33.35 million, a price-to-earnings ratio of -14.40 and a beta of 1.10. The company has a current ratio of 5.09, a quick ratio of 1.11 and a debt-to-equity ratio of 0.89.

About 3D Energi

3D Energi Limited explores for and develops upstream oil and gas assets in Australia. It holds 20% interest in the T/49P exploration permit covering an area of 4,960 square kilometers located in the offshore Otway Basin, Tasmania; and 100% interest in the VIC/P74 exploration permit covering an area of 1006 square kilometers located in the offshore Gippsland Basin, Victoria.