Stay up to date with notifications from The Independent

Notifications can be managed in browser preferences.

Shares: Taking Stock

Monday 16 March 1998 19:02 EST
Comments

Your support helps us to tell the story

From reproductive rights to climate change to Big Tech, The Independent is on the ground when the story is developing. Whether it's investigating the financials of Elon Musk's pro-Trump PAC or producing our latest documentary, 'The A Word', which shines a light on the American women fighting for reproductive rights, we know how important it is to parse out the facts from the messaging.

At such a critical moment in US history, we need reporters on the ground. Your donation allows us to keep sending journalists to speak to both sides of the story.

The Independent is trusted by Americans across the entire political spectrum. And unlike many other quality news outlets, we choose not to lock Americans out of our reporting and analysis with paywalls. We believe quality journalism should be available to everyone, paid for by those who can afford it.

Your support makes all the difference.

ATLANTIC Caspian Resources, born out of the old Wedderburn property group, is hoping to emerge as a niche oil player. It is betting heavily on developments in Kazakstan where its first field should start producing in a few weeks. Chairman Peter Catto, an accountant, believes ACR can prosper by concentrating on fields the oil majors regard as too small. Kazakstan, he says, is the last great oil lottery. The company, which should announce a near break-even result soon, will later raise more cash, around pounds 3m through a private placing. It has an ADR but wants to upgrade its US share presence. The AIM-traded shares are 22.25p.

TRING International, the budget music group, is planning a cash raising exercise at 5p a share. Once 151p, the shares rose 3p to 8p. The company suffered a pounds 2m loss last year although once exceptional items were stripped out it made profits of pounds 300,000.

Join our commenting forum

Join thought-provoking conversations, follow other Independent readers and see their replies

Comments

Thank you for registering

Please refresh the page or navigate to another page on the site to be automatically logged inPlease refresh your browser to be logged in