New standard listing: Oneiro Energy

Oneiro Energy has raised enough cash to finance the search for an energy acquisition and undertake due diligence on a target. A gas asset is preferred. The first deal could be used as a platform for further acquisitions.

NAV is 2.4p a share. The share price finished the week at 6.75p (6p/7.5p). There were two trades on the first day worth less than £7,400 and ten trades worth less than £32,000.

- Advertisement -

There is no reason to chase the share price any higher.

==========

Oneiro Energy (LON: ONE)

Energy shell

- Advertisement -

www.oneiro.energy

Market: Standard list

Placing

Flotation date: 25 Ma...

Latest News

Subscribe to the UK Investor Magazine email newsletter

Register for our free email newsletter and receive the latest investment news, podcasts, event information and offers.

More Articles Like This

Tagdiv Cloud library - template content.