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Petro Rio S.A. HRTPF

"Petro Rio SA is engaged in exploration and production of oil and gas in Brazil and abroad. The Company is currently engaged in the hydrocarbon production in Polvo field."


GREY:HRTPF - Post by User

Comment by robnhoodon Mar 27, 2014 5:40pm
184 Views
Post# 22378716

RE:RE:RE:RE:Volume in Brasil Today

RE:RE:RE:RE:Volume in Brasil Today
I forgot to add the fact that Polvo is pumping out money to the list of small positives, yet the stock still trades at prices just slightly higher than the going out of business prices of a few months ago.

I can only guess one reason and that is a takeover with one of the main criteria being the average price over the last six months or something like that.
BWDIK?
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