Strike Energy Limited (ASX:STX) Insider Purchases A$750,000.00 in Stock

Strike Energy Limited (ASX:STX – Get Rating) insider Andrew Seaton acquired 5,000,000 shares of the firm’s stock in a transaction dated Monday, August 1st. The stock was bought at an average price of A$0.15 ($0.11) per share, with a total value of A$750,000.00 ($528,169.01).

Strike Energy Stock Performance

The company has a current ratio of 2.36, a quick ratio of 2.31 and a debt-to-equity ratio of 9.13.

About Strike Energy

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Strike Energy Limited explores for and develops oil and gas resources in Australia. The company primarily focuses on the West Erregulla project located in the Perth Basin. Strike Energy Limited was incorporated in 1997 and is headquartered in West Perth, Australia.