The company, Emerald Oil Industries Limited, a company listed on the capital market, has told the Dhaka Stock Exchange (DSE) that it does not know the reason for the abnormal increase in its share price.
According to sources, the DSE recently sent a notice seeking to know the reason for the abnormal increase in the company’s share price. In response, the company said that the share price is increasing without any undisclosed price-sensitive information.
It is worth noting that on November 13, Emerald Oil’s share price was Tk 24. Which increased to Tk 34.50 paisa at the end of trading on December 1. That is, the company’s share price increased by Tk 10.50 paisa in 13 working days. The DSE considers this price increase to be abnormal.
This information was revealed by DSE sources.
