Market Talk

Petroceltic is a bargain at 3 pence, but there is no alternative for its investors

Angelo Moskov, chief executive of Worldview, speaking to shareholders at the Petroceltic egm last year
Brian O’Cathain, chief executive, Petroceltic Feargal Ward

Worldview set to inherit Petroceltic’s prize

There’s probably a fair bit of shouting yet to be done. But aside from that, Petroceltic, the Irish gas explorer, looks like it will be in the hands of the Russian-controlled hedge fund Worldview soon enough.

Last week, the board of Petroceltic agreed to ...