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Altona Energy Knows No Reason For Recent Share Price Rise

30th Sep 2014 09:57

LONDON (Alliance News) - Altona Energy PLC Tuesday said it knew of no reason for the increase in the company's share price.

The company said it remains committed to continuing negotiations with potential partners Wintask and Sino-Aus in order to agree a joint venture for the Arckaringa project in China.

Shares in the company were flat on Tuesday, quoted at 0.95 pence. Its shares are up 31% over the past week.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2014 Alliance News Limited. All Rights Reserved.


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Altona Energy
FTSE 100 Latest
Value8,407.44
Change4.26