Petro Rio S.A. HRTPF

Who had 30M shares to sell?

[akagoofy]

All of this is rather fascinating, but who had 30,000,000 shares to sell on Friday , and why. If news leaked someone with that number of shares should be in the know. Anyone have access to the insider action in Brazil or know the rules on reporting/blackout?  

 

Another question, how much of Nambia did HRT need to give BP for the field in Brazil?  Could be most or all of Wagner is stepping down. Time will tell.

[robnhood]

"who had 30,000,000 shares to sell on Friday" Someone who did not want this shakeup at HRT, or someone involved in making it happen.

[gusgold]

If it turns out to be true that HRT gave BP a good deal on nam for the polvo field that would be the best news yet that wingat is gas or oil 

[landmann]

Wasn't Peres handling the Nam farm-outs?  

[Oiljars51]

Yes

[Oiljars51]

I think it's obvious the market does not like this shake-up. The new BOD better have some good news coming, other than a cheap sell-out of the shareholders. Another day on the AIM.