Thanks Zac1 Sep 2024 17:47
Finally, it is on to Georgina Energy (GEX), another newbie, which started off well, but was then hit by unfounded and personal slurs against the company, apparently the only way that bears can successfully attack a small cap company these days. These shares have now stabilised close to the 12.5p initial price, and one would expect them to return to their best levels soon, now that the weak hands have been scared off. Indeed, such situations normally offer a decent opportunity. This week the company announced progress on the evaluation of additional high potential targets for its well re-entry and development program, and an update on its core Hussar and Mt Winter prospects. Such an announcement was a “business as usual” affair, nothing to do with those who wish to shoot down the now all too few companies choosing to list on the London market.