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Gold/Mining/Energy : Sodra Petroleum
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To: average joe who wrote (2)5/16/1998 1:29:00 PM
From: Greywolf  Read Replies (1) of 133
 
The company is going to be listed on the Stockholm Exchange. There is even talk about a listing in London. This is probably due to the fact that the IPO was only covered to about 80% and "outside" investors have been found to take up the difference. Given the interest in London for Desire Petroleum I would judge that there are more than one investor in the UK who would want to be in on oil in the Falklands. The offering is at present filled to about 96% I belive, don't quote me on that percentage though. Until official listing Sodra (SODR BTA) can be found at;

matteus.se

with

matteus.se

being the broker covering the offer.
The offering price was 7,50kr and not much had happened since then. It should be noted that resource stocks do have a hard time at the moment on any exchange and Stockholm in particular.

Listing on SAX should be at the end of the month of May, will check to be sure.
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