Thor Energy Plc (LSE:THR) has suspended trading of its shares on the Australian Securities Exchange (ASX) while it prepares an announcement regarding a possible project divestment. The halt will remain in place until either the disclosure is made or until trading resumes on 17 September 2025. Shares on London’s AIM market are unaffected, underscoring the potential significance of this strategic development for the company’s future operations and market positioning.
The company’s overall stock profile continues to be weighed down by financial strains, including an absence of revenue and ongoing liquidity pressures. Technical signals remain bearish, and valuation metrics point to additional challenges. Even so, Thor’s involvement in clean energy initiatives provides some longer-term growth potential, offering a counterbalance to near-term concerns.
About Thor Energy Plc
Thor Energy Plc focuses on the exploration of hydrogen and helium, key resources for advancing the global clean energy transition. Its portfolio also extends to uranium and other strategic energy-related metals.
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