PSE Circular for Brokers No. 1367-98
PSE Circular for Brokers No. 1367-98 • Philippine Stock Exchange • Circulars for Brokers • Jun 18, 1998
Full text
June 18, 1998 PSE CIRCULAR FOR BROKERS NO. 1367-98 PHILIPPINE STOCK EXCHANGE Philippine Stock Exchange Centre Exchange Road, Ortigas Center Pasig City Attention: Atty . Ruben L . Almadro Vice President - Compliance & Surveillance Department Fax 636 0809 - 637 8811 Gentlemen : We refer to your June 18, 1998 letter advising us that Alcorn Petroleum And Minerals Corporation's share price increased from Php 0.0034 to Php 0.0050 per share. Please be advised that our disclosure that the Etame-1 well in Gabon, West Africa tested a measured flow of 3,485 Barrels of Oil Per Day during the Drill Stem Test conducted by the Operator may be the reason that caused the increase in our share price in today's trading. This news was received by APMC this morning via the Internet and was immediately disclosed to both the Philippine Stock Exchange and the Securities and Exchange Commission. Thank you. Very truly yours, (SGD.) PONCIANO K. MATHAY Vice President
Ask what this means for your situation
The assistant quotes the passage it relies on and links the source, so you can check every figure it gives you.