88E 33.3% 0.2¢ 88 energy limited

You think we have problems. Look at a Company called Asian...

  1. 122 Posts.
    You think we have problems.
    Look at a Company called Asian Growth Properties (AGP) listed on the AIM market.
    It has £850 million in cash in the bank, own over a £billion in producing assets, and yet 1 sell trade of £500 knocked £40m, yes £40 million off its market cap (share price dropped 7% on this trade).
    At the close of play tonight, this £2billion + business, the share value was down to £0.485 giving it a market worth of some £430m, but is expected to lose at least another £110m because they are giving out a divi payment of just under £0.17 bringing its M/C down to £340m...
 
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