Gulf Keystone Petroleum is an independent oil and gas exploration and production company. It was founded in 2001 by UAE, Kuwaiti, Saudi and US private equity. It is now operated in the Kurdistan Region of Iraq.
M & G "sold" 49.2 million shares in April. I find it hard to believe that the market has fully absorbed a tranche of this size especially in view of recent weakness and therefore it will be a major drag on our future share price . . . . but by how much??????
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