The share price of Asian Energy Impact (AEIT), the former ThomasLloyd Energy Impact trust, has tumbled more than 70% since its temporary trading suspension was lifted on Wednesday (6 March).
At the time of writing, the trust's shares are down nearly 42% so far today (7 March), according to data from Morningstar Direct. AEIT holds £89.7m in total assets and is trading at a 41.2% discount to net asset value. The sharp share price move since the restoration of its listing at 3.30pm on Wednesday has nearly erased all of the trust's gains since its launch in December 2021. Asian Energy Impact seeks listing restoration as strategic review outcome looms AEIT said it would apply to the Financial Conduct Authority to lift its temporary suspension following the publication of ...
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