Small cap movers: Baron Oil PLC comes to the boil after increasing its interest in the Chuditch discovery
Follow John on: Small cap movers: Baron Oil comes to the boil after increasing its interest in the Chuditch discovery A look at some of the major movers among small caps over the last week Baron Oil PLC (LON:BOIL) has increased its shareholding in SundaGas from 33.33% to 85%, and thereby increased its indirect interest in the Chuditch discovery off the coast of Timor-Leste from 25% to 63.75%. The news made the shares of the company, which appropriately enough has a ticker symbol of BOIL, this week’s hottest items, with a gain of 70%. Everything is in place to allow SundaGas to undertake the...
Source: proactiveinvestors.co.uk