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The latest announcement is out from Contango Holdings Plc ( (GB:CGO) ).
Contango Holdings Plc has published a prospectus for issuing new shares, linked to a transaction with Huo Investments involving a significant investment in the Muchesu project. The completion of this transaction will make Huo Investments the largest shareholder, providing the company with substantial working capital, and positioning it strategically within the industry.
More about Contango Holdings Plc
Contango Holdings Plc is a company in the natural resources sector, focusing on investments and operations in coal mining. It is listed on the London Stock Exchange and works on projects like Muchesu, aiming to develop and manage resource assets.
YTD Price Performance: 20.0%
Average Trading Volume: 805,317
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £8.5M
See more data about CGO stock on TipRanks’ Stock Analysis page.
