AUSTRALIA

Ambassador has soft start

AMBASSADOR Oil and Gas has made a quiet debut on the Australian Securities Exchange with its shares remaining relatively steady this week as investors recover from Christmas festivities.

Marija Stojkovic

Ambassador, which is led by former Stuart Petroleum managing director Tino Guglielmo, listed on the ASX last Thursday at a price of 17.5c, 2.5c or 12.5% less than its initial public offering price of 20c....

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