Insider Buying: Sunda Energy Plc (LON:SNDA) Insider Acquires £3,600,000 in Stock

Sunda Energy Plc (LON:SNDAGet Free Report) insider Gerry Aherne bought 120,000,000 shares of Sunda Energy stock in a transaction on Tuesday, June 17th. The shares were bought at an average cost of GBX 3 ($0.04) per share, with a total value of £3,600,000 ($4,841,312.53).

Sunda Energy Price Performance

Shares of Sunda Energy stock opened at GBX 0.03 ($0.00) on Friday. The company’s 50-day moving average price is GBX 0.05 and its 200-day moving average price is GBX 0.06. Sunda Energy Plc has a 12-month low of GBX 0.02 ($0.00) and a 12-month high of GBX 0.10 ($0.00).

Sunda Energy (LON:SNDAGet Free Report) last posted its earnings results on Monday, June 2nd. The company reported GBX (0.01) ($0.00) earnings per share for the quarter.

About Sunda Energy

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Sunda Energy is an independent gas-focussed company with a material undeveloped gas field and a growing business in SE Asia. The Company is quoted on the AIM market of the London stock exchange (SNDA.L). It operates a PSC offshore Timor-Leste containing the Chuditch gas field and significant additional prospective potential.

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