Thursday, April 12, 2012

MARKET REPORT: Oil and gas minnow Wessex Exploration left out in the cold

You should never look a gift horse in the mouth. Shareholders of oil and gas minnow Wessex Exploration, including founder Frederick Dekker, Standard Life, CQS Asset Management and broker Killik, could rue the day they rejected a �75million or 10p a share cash bid from Total, saying it undervalued the company.

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