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Jadestone Energy Inc ( (GB:JSE) ) has shared an update.
Jadestone Energy plc announced that Tyrus Capital Special Situations Master Fund Sarl, closely associated with Director Gunter Waldner, acquired 4,444,444 ordinary shares at 21 GBp per share. This transaction aligns with Jadestone’s strategy to enhance shareholder value and strengthen its market position in the Asia-Pacific region. The acquisition reflects confidence in the company’s growth prospects and its strategic focus on managing maturing oil assets and increasing gas production.
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 company focused on the Asia-Pacific region, with 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, emphasizing operating efficiencies and cost reductions. Jadestone is committed to the energy transition, with a focus on increasing gas production and achieving Net Zero Scope 1 & 2 GHG emissions by 2040.
Average Trading Volume: 788,447
Technical Sentiment Signal: Sell
Current Market Cap: £121.7M
For an in-depth examination of JSE stock, go to TipRanks’ Overview page.