UK 19:26 Monday, 21 September 2026
Breaking news and expert analysis on fast-moving AIM and LSE listed shares
Disclosure: The author has a short position in one or more of the shares mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
At first I thought that Angelo Moskov of Worldview must have gone crazy to bid 3p per share for the 70% of Petroceltic (PCI) that he doesn’t already own. But I see now that there is method in his madness and that he is merely trying to remove the current management from ongoing discussions with the banks before they lose patience and pull the plug on the company.
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Comments
Paul Curtis
Tom
Agreed with caveat that perhaps Shareholders have one card (albeit suicidal) if risk Licence could be revoked in administration? I don’t know….
A consensual deal is always worth something, especially in areas of the world where the letter of the law not strictly adhered to.