THE TIPSTER OIL PRESSURE COULD DRIVE PRICES UP June 28, 2009 OIL stocks have been finding their way into many portfolios recently, with US crude back above $70 per barrel and the threat of further disruption in Nigeria helping to support prices. New problems at Gazprom and in the Ukraine could mean further unease in the energy sector, and prices could rise further as we move [...]
Marston’s and GKN are next to raise cash June 18, 2009 THE WAVE of companies seeking to raise fresh capital from shareholders showed no sign of abating yesterday as engineer GKN and pub group Marston’s both announced rights issues. GKN aims to raise £423m, while Marston’s is asking the market for £176m. GKN’s 50p offer price represents a 39 per cent discount to Wednesday’s closing price. [...]
Max Petroleum set for AIM flotation October 24, 2005 Max Petroleum is to become the eighth largest AIM quote this year in the ever-growing oil and gas sector when it floats on Wednesday. The company is raising £26m and expects to reach a market capitalisation of £90m. It is also due to list in Frankfurt on the same day. The group specialises in oil [...]