RE: How can this happen...... What do you mean "no news"
1) As per the company, the AGIP line "remains closed for maintenance" should be up next week...next week came and went...so the news is the same, the only access to market is closed.
2) Shell and ENI have both announced full closure of pipelines due to theft approaching 60% of flow.
3) Local disgruntled ex-militia, excluded from amnesty program, bombed a local pipeline and threatened to continue to do so to other lines until there demands for inclusion in the amnesty program are met.
4) Mart's "partner" suggested in response to a government enquiry that they wanted to take out Mart asap, this was positively interpreted as a merger affort, but it is far from clear that this is their preferred course of action.
5) I bought shares today at the close - not very newsworthy but I wanted to end on something positive.