Market Reaction: this is almost too good to be true. This transaction is value accretive on our price deck and adds £0.06 to our Core NAV. The very low price paid for the stake will inevitably raise questions about the attractiveness of the assets to the overall industry.
22 Feb 2016
ACQUIRE 4.5% WI IN KRAKEN FOR US$3.0 MM
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ACQUIRE 4.5% WI IN KRAKEN FOR US$3.0 MM
Capricorn Energy PLC (CNE:LON) | 162 -4.9 (-1.8%) | Mkt Cap: 149.4m
- Published:
22 Feb 2016 -
Author:
Stephane Foucaud -
Pages:
2
Market Reaction: this is almost too good to be true. This transaction is value accretive on our price deck and adds £0.06 to our Core NAV. The very low price paid for the stake will inevitably raise questions about the attractiveness of the assets to the overall industry.