Giustino (Tino) Guglielmo Buys 200,000 Shares of Bass Oil Limited (ASX:BAS) Stock

Bass Oil Limited (ASX:BAS) insider Giustino (Tino) Guglielmo purchased 200,000 shares of the business’s stock in a transaction on Wednesday, May 8th. The shares were bought at an average cost of A$0.07 ($0.05) per share, for a total transaction of A$14,600.00 ($9,668.87).

Bass Oil Stock Performance

The company has a debt-to-equity ratio of 3.14, a current ratio of 1.91 and a quick ratio of 1.79.

Bass Oil Company Profile

Bass Oil Limited, together with its subsidiaries, engages in the exploration, development, and production of oil and gas in Australia and Indonesia. The company primarily holds a 55% interest in the Tangai-Sukananti KSO production assets located in South Sumatra, Indonesia. It also holds interests in the properties in the Cooper Basin, South Australia.