Origo shares rocket as it sells Niutech Energy stake

17th Jan 2019 11:02

(Sharecast News) - Origo Partners announced on Thursday it has sold its remaining Niutech Energy stake for $2.1m.The company received 90% of the sale price, with the remaining 10% due on fulfillment of certain conditions. The sale price was at a discount of 20% to book value, the firm added.As a result of the news, Origo shares were up 22% at 0.20p each.Although the company did not disclose the size of the stake it sold on Thursday in April 2018 it announced it held a 3.7% after an early divestment.

Top Risers

Share	Price	Change
Ukrproduct (UKR)	2.10	44.55%
Chaarat Gold (CGH)	3.85	39.29%
Fireangel (FA.)	5.75	35.29%
Synairgen (SNG)	7.00	21.53%
Image Scan Holdings (IGE)	1.60	18.52%

Top Fallers

Share	Price	Change
Eqtec (EQT)	1.10	-21.43%
Gfinity (GFIN)	0.03	-16%
Strategic Minerals (SML)	0.165	-15%
Uk Oil & Gas (UKOG)	0.0275	-14.29%
Apq Global (APQ)	6.50	-9.09%

Top By Volume

Share	Price	Volume
Supply@me Cap (SYME)	0.02	1,661,102,421
Mosman Oil Gas (MSMN)	0.022	239,666,153
Lloyds (LLOY)	55.52	207,519,217
Clontarf (CLON)	0.0475	181,070,205
Beacon Energy. (BCE)	0.0575	128,296,205

All prices are delayed by at least 15 minutes. Share Compare cannot be held responsible for the accuracy of share prices shown on this website, and investors should be aware that share prices can go down as well as up. Share Compare does not offer advice, and is not regulated by the Financial Conduct Authority.