Reabold Resources (RBD)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

0.22p
   
  • Change Today:
    -0.020p
  • 52 Week High: 0.83p
  • 52 Week Low: 0.11p
  • Currency: UK Pounds
  • Shares Issued: 8,930m
  • Volume: 122,680,082
  • Market Cap: £19.20m
  • Beta: 0.09

Reabold shares fall as Parta Energy pulls out of Romania farm-in

By Josh White

Date: Tuesday 08 Sep 2020

LONDON (ShareCast) - (Sharecast News) - Upstream oil and gas investor Reabold Resources announced on Tuesday that ADX Energy has received a notice from Parta Energy - a wholly-owned subsidiary of the ASX-listed Tamaska Oil & Gas - that the board of Tamaska has decided not to proceed with the farm-in transaction for the EX-10 Parta licence in Western Romania.
The AIM-traded firm had previously announced the farm-in agreement between ADX Energy Panonia, Danube Petroleum and Parta Energy.

"The farm-in agreement relates only to the Parta exploration licence, not the sole risk appraisal area which contains both the IMIC-1 discovery and the IMIC-2 target," the Reabold board said in its statement.

"The company's activity in the Iecea Mare sole risk area is ongoing and un-impacted by this development."

Reabold holds a 51% shareholding in Danube.

At 1454 BST, shares in Reabold Resources were down 3.41% at 0.72p.

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

 

RBD Market Data

Currency UK Pounds
Share Price 0.22p
Change Today -0.020p
% Change -8.51 %
52 Week High 0.83p
52 Week Low 0.11p
Volume 122,680,082
Shares Issued 8,930m
Market Cap £19.20m
Beta 0.09

RBD Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
43.52% above the market average43.52% above the market average43.52% above the market average43.52% above the market average43.52% above the market average
43.24% above the sector average43.24% above the sector average43.24% above the sector average43.24% above the sector average43.24% above the sector average
Price Trend
94.36% below the market average94.36% below the market average94.36% below the market average94.36% below the market average94.36% below the market average
89.01% below the sector average89.01% below the sector average89.01% below the sector average89.01% below the sector average89.01% below the sector average
Income Not Available
Growth
7.89% above the market average7.89% above the market average7.89% above the market average7.89% above the market average7.89% above the market average
26.53% above the sector average26.53% above the sector average26.53% above the sector average26.53% above the sector average26.53% above the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 2
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

RBD Dividends

No dividends found

Trades for 25-Jan-2022

Time Volume / Share Price
16:26 500,000 @ 0.21p
16:15 1,000,000 @ 0.21p
16:14 500,000 @ 0.21p
16:00 5,000,000 @ 0.21p
15:21 46,511 @ 0.22p

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