Hugh Swire Acquires 3,050,000 Shares of Tlou Energy Limited (ASX:TOU) Stock

Tlou Energy Limited (ASX:TOU) insider Hugh Swire bought 3,050,000 shares of the firm’s stock in a transaction on Wednesday, November 6th. The shares were bought at an average cost of A$0.01 ($0.01) per share, with a total value of A$39,650.00 ($26,085.53).

Tlou Energy Price Performance

The company has a quick ratio of 5.21, a current ratio of 1.50 and a debt-to-equity ratio of 20.32.

Tlou Energy Company Profile

Tlou Energy Limited explores for, evaluates, and develops coalbed methane (CBM) resources in Southern Africa. The company owns 100% interests in the Lesedi CBM project, Mamba, and Boomslang projects. It is also involved in development of gas-fired power, solar power, and hydrogen projects. Tlou Energy Limited was incorporated in 2009 and is based in Brisbane, Australia.