Power-production company Rurelec PLC (AIM:RUR) shot up nearly 60% on Tuesday after it entered into a conditional agreement to sell its Argentinian Interests to Verafont, Basic Energy Limited and Esteban Reynal for a consideration of up to US$5mln (£4mln).
Following the disposal the company intends to pay a special dividend of 0.2p per share to shareholders.
Shares were seen changing lands at 0.62p as of 10.40am, May 16.