Not so sure of this , he has been Deputy Chief Executive , since 1999 , so would not be true to say he has no influrence over how the company presents itself . China-focused junior Fortune Oil reported Monday that it has appointed Dr Tian Jun as its Acting Chief Executive. Dr Tian joined the company as Deputy Chief Executive in April 1999 and has served as Group Chief Operating Officer since February 2006. With a background in investment banking, Dr Tian holds his PhD in economics from the University of London.
New temporary CEO
Dr Tian has been appointed new temporary CEO of FTO . His CV shows 11 years woking in London part of that time as an investment banker. This has to surely be the moment that value gets to be recognised in the markets ..
Price monitoring extension...
Its really superficial... The UT can not move over a certain % from the last AT on the book. If it does it goes into extended auction...I think it may be 5% either side of the last AT..There was none today!! The SP has not risen by 6.84% in reality. In fact, yesterday you could sell these shares at the closing price of 9.36p. Today...you could only get 9.25p!!!! It is worth noting that the Bid price was always around the 9.50p mark throughout the day...so perhaps someone wants shares quickly and is prepared to up the bid price during trading....
RE: Nice Finish
There were two price monitoring extensions, whatever the implications of that are I will leave to someone else
We seem to have some support in our share price on very few trades , any ideas anyone , don't believe this is the market makers . Some upward pressure seems to being exerted , Lets hope this continues .
Just popped in here out of curiosity as was in this in 2000 til 2006. At that time expected great things as was at that time selling oil and also had a bottled gas enterprise at the time and i believe lubricants at the 2006 time and the price started to waver a lot. On a sudden spurt to 13p I sold out while it was on a high, as it never seemed to be getting off the ground. I made a healthy profit which i put into PCI at about 3.4 p at the time. I looked at FTO from time to time since and it is still wavering i n the low as far as I am concerned
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