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GRV — Greenvale Energy News Story

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EnergySpeculativeMicro CapSucker Stock

Australia's Greenvale Energy jumps on withdrawing share purchase plan

** Shares of Greenvale Energy  GRV.AX  rise as much as 8% to
A$0.054, posting their biggest intraday percentage gain since
May 28
    ** Stock hits its highest level in a week
    ** Torbanite explorer withdraws its share purchase plan to
raise A$1.9 mln ($1.26 mln)at A$0.05 per share
    ** About 1.7 mln shares change hands, compared with the
30-day average volume of around 555,000
    ** Stock down 47.4% YTD, based on last close

($1 = 1.5085 Australian dollars)

 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))

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