Nostrum Oil & Gas edges up on light volume with bondholder vote in focus
Nostrum Oil & Gas Plc surged 14.3% just after the open in London Thursday. Trading was light—100 shares swapped hands, according to Google Finance, which put the price at 4.00 pence at 08:00:20 BST. Market cap was at £6.57 million with 165.24 million shares out. The London Stock Exchange ran its regular 08:00-16:30 BST hours. Screen is moving more than the real money here. At 4.00p, 100 shares only come to £4. The 0.5p jump from the last quote pushes the quoted equity up by about £826,000 using Google Finance’s share count.