logo-loader
High Peak Royalties Ltd

High Peak Royalties substantial holder Noontide Investments increases ownership to 26.8%

The company earns revenue through oil and gas royalties held in numerous locations.

High Peak Royalties Ltd -
Noontide was formed in 2008 by David Croll

High Peak Royalties Ltd (ASX:HPR) substantial holder Noontide Investments Ltd has increased its stake in the company from 25.7% to 26.8% through the on-market purchase of fully paid ordinary shares.

This brings the Sydney-based boutique investment management company’s total current holding to 50,729,020 shares.

The company receives revenue from existing multiple royalties and has benefited from strong oil prices in 2019.

Gas prices in the first half of the year oscillated but remained steady on average.

Quick facts: High Peak Royalties Ltd

Price: 0.082 AUD

Market: ASX
Market Cap: $15.49 m
Follow

NO INVESTMENT ADVICE

The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...

In exchange for publishing services rendered by the Company on behalf of High Peak Royalties Ltd named herein, including the promotion by the Company of High Peak Royalties Ltd in any Content on the Site, the Company...

FOR OUR FULL DISCLAIMER CLICK HERE

Watch

High Peak Royalties credits drilling at NT gas project for share price rise

High Peak Royalties Ltd (ASX:HPR) chairman Andy Carroll updates Proactive Investors on the company’s pleasing share price rise this past week, largely crediting drilling by Santos Ltd at the Dukas Well gas project in the Northern Territory. The company has reached a new 12-month high of 12...

on 27/8/19

2 min read