By Tom Winnifrith | Wednesday 9 March 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.
I reckon that Petroceltic (PCI) is toast and that the villains of the peace are the management who drove it into the ground. It is toast. But broker SP Angel thinks 29.6% shareholder Worldview has questions to answer and reckons other investors should put up a fight for a better deal. I think the broker is wrong but in the interests of balance, it writes today...