LONDON (Alliance News) - Atlas Development & Support Services Ltd Monday said it notes the movement in its share price and said that further announcements will be made in due course, if appropriate, after its interim results statement last month.
The oil field and mining support services company had said that in light of the weakness of the oil and gas market, it is aiming to diversify its offering and is identifying new sectors of operation. "In particular, the company is targeting increased workflow arising from potash development in Ethiopia," it said.
Shares in the company were trading up 23% at 0.980 pence Monday afternoon.
By Karolina Kaminska; karolinakaminska@alliancenews.com @KarolinaAllNews
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