Igas Energy responds to press speculation
AIM-quoted coal bed methane (CBM) gas producer IGas Energy has made the following statement in response to press sepculation over a potential equity fund-rasing:
AIM-quoted coal bed methane (CBM) gas producer IGas Energy has made the following statement in response to press sepculation over a potential equity fund-rasing:
"IGas notes the press speculation this morning around a potential equity fundraising. The board keeps all forms of financing under review and will update the market in due course."
The share price fell 0.99% to 125p by 14:32.
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
NR
Sign up to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
What’s changing with employers’ National Insurance – and how will it impact you?
You might think the upcoming changes to employers’ National Insurance won’t impact you unless you’re a business owner, but experts have warned it could limit pay rises, cause redundancies, and push inflation higher.
By Katie Williams Published
-
Will Donald Trump invade Greenland?
Trump has announced renewed interest in taking over Greenland, an autonomous territory of Denmark. Why does he want it and what are the implications?
By Simon Wilson Published