FRO up in Oslo 4.15% at NOK251.00 = $46.22. Analysts are stumbling over another to upgrade Frontline. They were "astonished about the results" (haven't they ever listened, what Big John says, or red the filings?). The analysts are beginning to believe that to make money Frontline is not only hauling oil.
Now we can wait for an announcement of distribution of 20% of ITC shares to FRO shareholders, in first or in second quarter of 2008. Nice!
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