By Nigel Somerville, the Deputy Sheriff of AIM | Tuesday 5 April 2016
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
AIM- and Dublin ESM-listed Petroneft (PTR) has hit back at its requisition-hungry and (just shy of) 30% shareholder Natlata, which has forced a sack-the-board EGM to be called (for the second time). Yesterday Natlata complained that it had been handed a Restriction Notice which would prevent it from taking part in the EGM. Today Petroneft has announced that it has, in fact, handed out not one but two Restriction Notices.
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