Obtala Ltd (LON:OBT) shares shot up 7.2% on Tuesday . The stock traded as high as GBX 6.70 ($0.09) and last traded at GBX 6.70 ($0.09). 637,447 shares traded hands during trading, an increase of 73% from the average session volume of 368,816 shares. The stock had previously closed at GBX 6.25 ($0.08).
In other news, insider Paul Tiernan Dolan purchased 30,000,000 shares of the business’s stock in a transaction dated Friday, January 18th. The stock was bought at an average cost of GBX 7 ($0.09) per share, with a total value of £2,100,000 ($2,744,021.95).
About Obtala (LON:OBT)
Obtala Limited, formerly Obtala Resources Limited, is engaged in the development of agricultural, food processing and timber projects, the holding of mineral resource licenses, projects and investment in other natural resources exploration and development companies and retail. The Company operates through four segments: Exploration and development, Agriculture and forestry, Investing activities and Retail.
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