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Andalas - the clock is ticking ahead of potential insolvency in April - how is the placing going?

Tom Winnifrith
Friday 20 January 2017

Pre Christmas the ramptastic stream of RNS statements, corporate presentations and interviews with homeless clowns told you all you needed to know: worthless Andalas Energy (ADL) was in full ramp mode as it prepared for a rescue bailout. Now, though most oil shares have risen sharply in recent weeks, Andalas stock is still just 0.12p to sell and is falling again today. So how is the £1 million placing it needs faring? 

on ShareProphets | Comments
About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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