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antenahum

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antenahum

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Tuesday, 11/03/2015 6:55:54 PM

Tuesday, November 03, 2015 6:55:54 PM

Post# of 5825
Up almost 7% today in the Bovespa São Paulo stock exchange on well above average volume traded.

News out today from PetroRio about increase in participation by almost 3 million aditional shares (debentures converted) by "Bridge", resulting in 14% ownership. According to the company, Bridge now owns 8.800.000 shares (in round numbers) of PetroRio. If that math holds, then PetroRio will have now around 63.0000.000 shares outstanding (a bit more than double the original number before the debentures conversion).
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