Caspian Sunrise (CASP)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

3.23p
   
  • Change Today:
    -0.067p
  • 52 Week High: 4.15
  • 52 Week Low: 2.30
  • Currency: UK Pounds
  • Shares Issued: 2,254.98m
  • Volume: 967,421
  • Market Cap: £72.91m

Roxi Petroleum enters $20m agreement with BOCO

Date: Friday 17 Apr 2015

LONDON (ShareCast) - Oil and gas explorer Roxi Petroleum has entered a subscription agreement with Hong Kong-based BOCO limited to raise $20m at above the current market price.
The London-listed group said the proceeds would be used to speed up the development of its flagship BNG asset.

Under terms of the agreement, BOCO will subscribe for 75,585,790 new ordinary shares at a price of 18p per share, which represents a premium of approximately 16% to the closing mid- market price on 16 April 2015.

Upon completion of the deal, BOCO will hold around 7.87% of the enlarged share capital.

Roxi chairman Clive Carver described the deal as an important step for the group, adding funding was crucial in the current market environment.

"In the current market security of funding is more important than ever," he said.

"Those with access to funding are able to develop their assets more cheaply than in recent years."

Roxi shares were up 10.31% to 17.10p at 09:18 on Friday.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

CASP Market Data

Currency UK Pounds
Share Price 3.23p
Change Today -0.067p
% Change -2.02 %
52 Week High 4.15
52 Week Low 2.30
Volume 967,421
Shares Issued 2,254.98m
Market Cap £72.91m

CASP Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
18.45% below the market average18.45% below the market average18.45% below the market average18.45% below the market average18.45% below the market average
16.88% below the sector average16.88% below the sector average16.88% below the sector average16.88% below the sector average16.88% below the sector average
Price Trend
12.64% below the market average12.64% below the market average12.64% below the market average12.64% below the market average12.64% below the market average
20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average20.00% above the sector average
Income Not Available
Growth
53.66% above the market average53.66% above the market average53.66% above the market average53.66% above the market average53.66% above the market average
48.00% above the sector average48.00% above the sector average48.00% above the sector average48.00% above the sector average48.00% above the sector average

CASP Dividends

  Latest Previous
  4th Interim 3rd Interim
Ex-Div 02-Mar-23 19-Jan-23
Paid 23-Mar-23 16-Feb-23
Amount 0.044p 0.044p

Trades for 26-Jun-2024

Time Volume / Share Price
09:30 304,606 @ 3.28p
09:01 212,815 @ 3.20p
08:33 250,000 @ 3.22p
08:14 200,000 @ 3.22p

CASP Key Personnel

CEO Kuat Rafikuly Oraziman

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