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The latest announcement is out from Advance Energy ( (GB:BCE) ).
Beacon Energy has announced that it has become an AIM Rule 15 cash shell following the liquidation of Rhein Petroleum’s assets. The company is now required to make a significant acquisition or become an investing company within six months to avoid suspension of its shares from trading. Beacon Energy’s board is actively exploring opportunities and aims to reach an agreement on at least one by mid-2025.
More about Advance Energy
Beacon Energy is an oil and gas production company focused on becoming self-funding by capitalizing on growth opportunities within the industry.
Average Trading Volume: 611,685,812
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £888.6K
Learn more about BCE stock on TipRanks’ Stock Analysis page.
