Frontier Resources now just a cash shell
Frontier Resources became an AIM Rule 15 cash shell on Wednesday, having completed the disposal of Frontier Oman Resources and Frontier Resources International.
FTSE AIM All-Share
742.80
17:14 24/09/24
n/a
n/a
MyHealthchecked
14.75p
16:55 24/09/24
7.27%
1.00p
Oil & Gas Producers
8,228.42
17:09 24/09/24
-0.25%
-20.62
The AIM-traded firm must now make an acquisition or acquisitions which constitute a reverse takeover under AIM Rule 14, including seeking re-admission as an investing company, within six months.
Failing that, the exchange would suspend trading in Frontier’s shares.