Circle Oil has requested that its shares be suspended from trading on London's Alternative Investment Market (AIM) on the grounds of financial uncertainty as it reported 2015 results showing that turnover fell by 54 per cent.
The exploration group, which has been carrying out a strategic review of its business since March, said the outcome of the review was likely to lead to little or no value for shareholders while its financial position remained under significant pressure...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Get a Business Account for you and your team