Market Reaction: Slightly Positive. After the recent Stag Oil Field acquisition in Australia, new management again demonstrating their appetite for acquiring current or near term production assets is very encouraging but we await further detail from either the independent or internal reviews for visibility on the value of the transaction.
09 Aug 2016
FURTHER ACQUISITION OF DEVELOPMENT ASSETS OFFSHORE VIETNAM
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FURTHER ACQUISITION OF DEVELOPMENT ASSETS OFFSHORE VIETNAM
Montanaro European Smaller Companies Trust PLC (MTE:LON) | 142 0 0.0% | Mkt Cap: 269.9m
- Published:
09 Aug 2016 -
Author:
Stephane Foucaud -
Pages:
2
Market Reaction: Slightly Positive. After the recent Stag Oil Field acquisition in Australia, new management again demonstrating their appetite for acquiring current or near term production assets is very encouraging but we await further detail from either the independent or internal reviews for visibility on the value of the transaction.