Chariot (LON:CHAR) Insider Adonis Pouroulis Acquires 145,502,640 Shares of Stock

Chariot Limited (LON:CHAR) insider Adonis Pouroulis bought 145,502,640 shares of Chariot stock in a transaction dated Thursday, March 12th. The shares were bought at an average cost of GBX 1 per share, with a total value of £1,455,026.40.

Chariot Trading Down 0.4%

Shares of CHAR opened at GBX 1.33 on Friday. The business’s 50-day moving average price is GBX 1.49 and its 200 day moving average price is GBX 1.59. The stock has a market capitalization of £36.40 million, a P/E ratio of -0.67 and a beta of 0.48. Chariot Limited has a 1-year low of GBX 1.18 and a 1-year high of GBX 2.25. The company has a current ratio of 1.70, a quick ratio of 3.74 and a debt-to-equity ratio of 1.08.

Chariot Company Profile

Chariot is an African focused transitional energy group with two business streams, Transitional Gas and Transitional Power.

Chariot Transitional Gas is focussed on a high value, low risk gas development project offshore Morocco with strong ESG credentials in a fast-growing emerging economy with a clear route to early monetisation, delivery of free cashflow and material exploration upside. Chariot Transitional Power, looking to transform the energy market for mining operations in Africa, providing a giant largely untapped market with cleaner, sustainable, and more reliable power.