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Jadestone Energy Sees Significant Share Acquisition by Tyrus Capital

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Jadestone Energy Sees Significant Share Acquisition by Tyrus Capital

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

Jadestone Energy announced that Tyrus Capital Special Situations Master Fund Sarl, associated with its director Gunter Waldner, acquired 436,627 ordinary shares in the company at 19.4 GBp per share. This transaction, compliant with UK Market Abuse Regulation, highlights confidence in Jadestone’s strategic direction and operational capabilities, potentially impacting its market positioning and stakeholder interests.

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 has a diversified portfolio of production and development assets in Australia, Malaysia, Indonesia, and Vietnam. The company aims to grow its production base through organic developments and strategic acquisitions, enhancing returns through operating efficiencies and increased production. Jadestone is committed to the energy transition, with a focus on increasing gas production and achieving Net Zero emissions from operated assets by 2040.

Average Trading Volume: 993,775

Technical Sentiment Signal: Sell

Current Market Cap: £105M

Learn more about JSE stock on TipRanks’ Stock Analysis page.

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