Staying well ahead of the pack has always been Apple’s strength, but the intense competition within the smartphone space from Android based phones plus lots and lots of leaks means that the launch of IPhone 5 yesterday somewhat failed to capture the imagination after plenty of hype. With a larger 4 inch screen (half an…
Falkland Oil and Gas, the South Falklands basin oil explorer, is down over 29% to 64p after the release of the following RNS just after 1pm, “FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, is providing this update on drilling operations…
Well, yet another case this morning of certain larger investors appearing to have a head start over long suffering private investors. This time it’s with Namibia focused Chariot Oil and Gas. Just when is the FSA going to clamp down on this patent insider trading? Last Tuesday the share price dropped heavily, from around 122p…
After signs that the Glencore, Xstrata merger was heading for failure, Glencore announced earlier today that it had increased its offer for Xstrata to the equivalent of £23.2 billion pounds, by offering 3.05 shares instead of 2.8 for every Xstrata share. We trailed this expectation here earlier in the week (link –http://www.spreadbetmagazine.com/blog/2012/8/31/pressure-begins-to-mount-on-glencore-over-xstrata-merger.html) The revised deal…
Stephen Elop, Nokia CEO Another bad day for Nokia yesterday, with the shares dropping under €2 after the unveiling of a new range of Windows equipped Lumia phones which the company hopes will reverse its precipitous decline in the smartphone arena (down over 40% in the last quarter). With the Lumia smart phones shipping into…
Update – RNS just released – Chariot Oil & Gas Limited Response to Share Price Movement Chariot Oil & Gas Limited (AIM: CHAR), the independent Africa focused oil and gas company, notes the recent fall in the share price. As announced on 27 July 2012, the drilling of the Kabeljou exploration well on the Nimrod…
Leni Gas & Oil directors and shareholders are feeling rather cheesed off after selling their stake in a Maltese licence to Mediterranean Oil & Gas (MOG) for a knock down price which later turned out to be worth rather more! In fact, it was worth much, much more, apparently within a month. In early August,…
It’s nearly two months now since Xcite Energy started their Extended Well Test on the North Sea Bentley field and pretty much a month since the last operational update. No sign of the expected RNS today once again. The shares have popped since the closing of the 3rd tranche of the private placing with Global…
Today marks the arrival of Eland Oil and Gas onto AIM, the largest float for 3 years on the small cap market. The company is raising £118m (£106.8m net) through a placing of shares at £1, giving it a market capitalisation of £134 million. It also has a $22 million banking facility and has made…
Seymour Pierce has taken the gloss off Borders & Southern today, knocking it back 4% or so to 24p. The broker says that the 130-250 million barrels of condensate (probably 190 million barrels) at the Darwin discovery is unlikely to be commercial as a standalone discovery. Falkland Oil and gas was also down over 4%…
