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. There is no reason to chase the share price any higher. ========== Oneiro Energy (LON: ONE) Energy shell www.oneiro.energy Market: Standard list Placing Flotation date: 25 May 2023 Share price: 5p Amoun...
