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MX Oil - is the Nigeria deal and placing a cue to buy?

Tom Winnifrith
Tuesday 2 February 2016

MX Oil (MXO) has confounded its critics and delighted the rampers with details of the sale of its stake in the Aje field in Nigeria and a small placing at 1.25p. The deal looks great in headline terms but is it really that good?

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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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