Lundin Energy increased to 4.0% of JIC Portfolio

Lundin Energy (LUNE.SS, Market Cap £5750m, SEK 231, 4.0% of JIC Portfolio and 0.0% of JIC Top 10)

The Lundin Energy share price is off around 8.0% this morning as Equinor is placing its remaining 4.9% in the company. Last year Equinor divested a 16% stake in Lundin. 

It’s good to see the oil price back above $30 per barrel today.

I have made a small additional purchase to keep my exposure at 4.0% at the current price. 

I bought 71 shares at 230.59 SEK or 1888.61p

Screenshot 2020-05-06 at 10.45.27