AUSTRALIA

Ambassador leaves it up to the shareholders

THE BOARD of Ambassador Oil and Gas has taken a seat on the fence over its recommendations to sha...

Andrew Snelling

Ambassador leaves it up to the shareholders

While the MHR implied bid of 37.4c per Ambassador share represents a premium of 91.55% compared with Drillsearch's premium of 68.57%, the board acknowledged that investing in the New York stock exchange...

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