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Pike River part-owner resumes trading, drops 33.3%

New Zealand Oil and Gas shares fell by 33.3% on resumption of trading after last week's explosion at the Pike River mine.The stock last traded at $0.80, down 40c from Friday's close. NZOG went on to improve to $0.85.Pike River Coal, the company at the cen

NBR Staff
Tue, 23 Nov 2010

New Zealand Oil and Gas shares fell by 33.3% on resumption of trading after last week’s explosion at the Pike River mine.

The stock last traded at $0.80, down 40c from Friday’s close. NZOG went on to improve to $0.85.

Pike River Coal, the company at the centre of the West Coast mine explosion, and its 29.4% owner, NZOG, were placed on a trading halt on Monday.

Trading in Pike River stock is still suspended.

 

 

 

 

NBR Staff
Tue, 23 Nov 2010
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Pike River part-owner resumes trading, drops 33.3%
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