Market's view on Molecular Enrgy
Published on April 2024
- Molecular Energies plc announced the cancellation of its AIM listing, effective from 29 April 2024, and plans to restructure its website to enhance transparency and keep shareholders informed.
- Post-delisting, Molecular Energies’ shares will be traded on the JP Jenkins securities matching platform, offering a venue for unlisted shares trading.
- Concerns are raised about the availability of trading options through brokers such as Hargreaves Lansdown post-delisting, due to ongoing updates in their trade execution system.
- Speculations are made about potential acquisitions by PL and associates quietly acquiring shares before any major company announcements.
- Molecular Energies continues robust oil production in Argentina, supporting financial stability.
- Discussions about matched bargain dealing experiences and the feasibility of trading shares off-market post-delisting.
- Questions are raised about the future direction and potential developments of Molecular Energies, including possible new investments and the establishment of new group companies.
- The abandonment of the Tapir x-1 exploration well in Paraguay may lead to terminating exploration activities there, impacting the company’s investments.
- Frustration is voiced over significant financial losses by investors, exacerbated by the company’s operational decisions and market position.