Are Andalas Energy and Power leading the way for long term investors?1
On the 23rd of October, Andalas Energy (ADL), formally CEB Resources, requested a temporary suspension of its shares. It followed a number of podcasts and interviews the CEO had given outlining the company strategy. Whilst most companies use suspension during times of crises or the prelude to share sensitive news, ADL, it would seem, have instead used it as a new tactic to protect their short term goals.
First and foremost I have been accumulating FASTNET stock since early August 2015, when my research led me to the fact that FASTNET OIL & GAS as it was then called was trading at a deep discount to its cash balance. This when many stocks and Funds were trading at crazy PE’s and premium to NAV. It was doubly nice to find a potential future star in the making that was off the radar of most investors and heading into the faster growing Healthcare sector.
MX Oil is another one of the popular oil and gas minnows on the AIM listing, quoted resources company primarily targeting near term production assets in proven oil and gas jurisdictions such as Mexico and Nigeria.
News Update Due Share Price 0.0505p
This one of the popular oil and gas minnows listed on the AIM market today. Capital raised totals A$7,428,348 including Share Placement completed in November. Which was oversubscribed with the admission of the Ordinary Shares is expected to occur on or around 22 December 2015. This company has been a darling on ASX, AIM markets due to oversubscription and accommodating private holder’s in the placing offers.
ABM talks to Paul Johnson Executive Director of Metal Tiger plc. Share Talk exclusive interview at AIM:MTR London office.
We talk about at what 2016 holds for this company. Current share price 0.085p
Nick “Moose” Batsford intervews Share Talk’s ABM about the direction of the company.