Lakes Blue Energy (ASX:LKO) Insider Purchases A$1,207,000.00 in Stock

Lakes Blue Energy NL (ASX:LKO) insider Nicholas Mather acquired 1,000,000 shares of Lakes Blue Energy stock in a transaction on Thursday, September 18th. The shares were bought at an average cost of A$1.21 per share, with a total value of A$1,207,000.00.

Lakes Blue Energy Stock Performance

The company has a market cap of $58.76 million, a PE ratio of -141.98 and a beta of 0.13.

About Lakes Blue Energy

Lakes Blue Energy NL, together with its subsidiaries, engages in the exploration of oil and gas properties. It also holds interests in petroleum and mineral exploration rights in Victoria, Queensland, and South Australia; Papua New Guinea; and the United States. The company was formerly known as Lakes Oil NL and changed its name to Lakes Blue Energy NL in March 2021.