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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

 

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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? 

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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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