Infinity Energy says knows no reason for share price jump
Infinity Energy noted the jump in its share price on Wednesday and said it is not aware of any reason for the move.
FTSE AIM All-Share
805.75
16:29 03/06/24
n/a
n/a
Infinity Energy S.A
0.14p
13:44 13/04/18
0.00%
0.00p
Travel & Leisure
7,539.71
16:34 03/06/24
1.54%
114.14
The company said it continues to have very limited cash resources and is dependent on the continued financial support of its major shareholder.
It added that it is planning to raise funding to provide additional capital to pursue its investing policy.
A further announcement will be made in due course.
At 1455 GMT, the shares were up 215% to 0.24p.