The stock is HelleniQ Energy (ELPE.AT) from Greece, one of the big energy players in the region. Record earnings posted recently, dividend in place, diversified and basically involved everywhere.
Also recently they completed the seismic surveys along with ExxonMobil (leading partner in the project) in Crete, searching for gas and oil as there are rumors for big offshore reserves. EU is struggling with energy resources so this one has a big focus at the moment.
Some times I wonder what can happen if we see volume in the millions for a stock that is traded at 100-140K shares per day on average….It would be a massive jump!
Greece will be in focus for the next period as there will be stock exchange status and economic/investment upgrades.
I believe this one is flying under the radar!
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