Stocks of Max Petroleum fell by 27%
Edited by Rhod Mackenzie / 2014-02-03 08:18:26
The analysts of JSC “Khalyk Finance” think that a transference of the British Max Petroleum Plc from the prospecting stage to production one is a negative factor for the share price.
“The well NUR-1 was the main opportunity for the growth of the company. The prospects of drilling are becoming vaguer now,” they said.
According to “Khalyk Finance”, the shares of the company have fallen several points (by 27%) due to the news on the Alternative Investment Market.