Viridas, the natural resource investment firm, has decided the time is right to cash in on its investment in fellow investor in natural resources, Leed Petroleum.
[24 Jan '12]Shares in Leed Petroleum, the AIM-listed natural resources investment company, jumped by 20% on Monday after the acquisition of a 17.5% stake in Kyrgyz Republic-focused coking coal firm Manas Coal.
[12 Sep '11]Strong consumer confidence figures in the US sparked an impressive rally from the top share index this afternoon following earlier gloom over the Libyan turmoil and the higher oil price, but worries re-emerged and the FTSE 100 finished below 6,000.
[22 Feb '11]Shares continued to pare the morning's losses over the lunch time trading session, and from a position at the mid-morning stage where only five FTSE 100 constituents were in positive territory, by 2pm that number had grown to around 20.
[22 Feb '11]AIM-quoted Leed Petroleum says that there are a number of parties interested in buying some or all of its principle oil and gas assets but none of the proposals has been good enough to put the company on a more secure financial footing.
[22 Feb '11]Share prices edged back from earlier highs ahead of the close, but still finished with good gains as fears over European sovereign debt contagion recede in the wake of a show of support for eurozone bond issues from Japan.
[11 Jan '11]Share prices levelled out over the lunch time session, but investors remain in good heart as fears over European sovereign debt contagion recede in the wake of a show of support for eurozone bond issues from Japan.
[11 Jan '11]The top share index is now well clear of the 6,000 point mark after building on earlier gains. Banks move higher after the government back-tracked on the question of bonuses.
[11 Jan '11]