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Jadestone Energy Announces Shareholding Reduction by Major Investor

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Jadestone Energy Announces Shareholding Reduction by Major Investor

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Jadestone Energy Inc ( (GB:JSE) ) has issued an update.

Jadestone Energy plc announced a reduction in shareholding by Baillie Gifford & Co, from 5.01% to 4.44%. This change in holdings may affect the company’s market perception and investor relations, as it reflects a shift in stakeholder engagement. The reduction in shareholding could influence Jadestone’s strategic decisions and market positioning in the Asia-Pacific energy sector.

The most recent analyst rating on (GB:JSE) stock is a Hold with a £20.00 price target. To see the full list of analyst forecasts on Jadestone Energy Inc stock, see the GB:JSE Stock Forecast page.

More about Jadestone Energy Inc

Jadestone Energy plc is an independent upstream production and development company focused on the Asia-Pacific region. It holds a diversified portfolio of production and development assets in stable jurisdictions such as Australia, Malaysia, Indonesia, and Vietnam. The company aims to grow its production base through organic developments and strategic acquisitions, while also committing to responsible operations and a Net Zero pledge on Scope 1 & 2 GHG emissions by 2040.

Average Trading Volume: 1,420,770

Technical Sentiment Signal: Sell

Current Market Cap: £101.5M

See more data about JSE stock on TipRanks’ Stock Analysis page.

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