ASX Runners: White Energy, Thrive Tribe, AnteoTech & Harvest
White Energy Company has been named the ASX Runner of the Week after a significant surge in its share price. The company announced plans to acquire two metallurgical coal assets in the US and Queensland, attracting investor interest amid rising global energy security concerns. Despite geopolitical tensions affecting the market, White Energy's stock rose by 309% this week.
- ▪White Energy Company secured world-class coal tenure in the Surat Basin in Queensland.
- ▪The company's share price increased from 6.6 cents to 27 cents this week.
- ▪The surge in White Energy's stock comes amid rising global energy security concerns.
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Excerpt limited to ~120 words for fair-use compliance. The full article is at The Sydney Morning Herald.