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I have some shares in Fronterra Resources and they have suspended trading in UK. Is there anything I can do with these shared please?. Any advice is welcome. Thank you
When END owe 650 million ,make no profit ,pay no dividend with a CEO under investigation for bribery and fraud.How could any company agree to deal with these parasites,when it is obvious they cannot pay their near end of term debt.Please reteet this on to all. Merry Christmas to all.
Share to Facebook Share to Twitter Share to Email App Share to LinkedIn African oil executive Samuel Dossou-Aworet has built up a stake of just over 7 per cent in Tullow Oil, taking advantage of as slump in the oil exploration group’s stock in the past five weeks. Mr Dossou-Aworet co-founded a pan-African exploration company called Energy Africa in 1994, which was acquired by Tullow Oil 15 years ago for $500 million (€448 million). The deal doubled the size of Tullow at the time, giving it assets from Ghana to Namibia along the west coast of Africa.
@Beatley - agreed. A takeover would be welcome at this stage to try and recover some value more quickly ... wouldn't have much confidence in the remaining exec. An outfit like Total should have the coin and operate in most places Tullow do already... what price for a takeout?
Seems a tad overdone in fairness, given they are still producing 70k+ barrels p.a. Think the debt is killing them ...they must be a takeover target at this stage - going to throw a few hundred quid at it to average down my 220p purchase price and hope someone comes in with even a lowball offer ... 125p anyone?
Low was 139 18th OCT 2019 .. matches June resistance .. now 160
( SGL ) It is even higher now @ 3122 zar yesterday recent highs.. The USA ones ( SBGL ) $ 8.08
Got a note below of March 5th 2019 as a recent high here 4815 yen .. I see reading below this takeover was just one year ago this month . Prices mentioned by Games 1.... 4240 ( its above that now ) 4675 to 4900 might want to consider if it hits that.