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QTRADERQ

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Re: Ivegotanace2 post# 23695

Thursday, 05/11/2017 8:04:29 PM

Thursday, May 11, 2017 8:04:29 PM

Post# of 64475
How do you figure? Those $330 million assets acquired in October 2016 belong to the PARENT CORP (Pilgrim Petroleum PLC). They sit on the parent balance sheet, not PGPM's.

Why do you think the PGPM stock price NEVER materially reacted to the news in October 2016? Because those assets have nothing to do with PGPM.
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