Cambrian Investments has disposed of 106,806,048 shares in AIM-listed Extract Energy.
Xtract Energy's share price was down 13.64% to 0.19p at 14:06 on Friday afternoon.
Xtract was established in 2004. Its strategy is to identify and invest in a portfolio of early stage oil and gas assets and business interests that it considers to have significant potential.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
MF
-
Can I shield my ISAs from inheritance tax?Many investors and savers will be wondering if there’s anything they can do to protect their ISAs from inheritance tax, especially as pensions will become liable for the levy from April 2027. We reveal the options available to ISA customers
-
What is the average salary by age – and how do you compare?Are you making more than your peers? We look at the average salary by age to see how much the typical Brit earns at different stages of their life
