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Faroe offer extension is 'low ball' says Cavendish

Paul Mumford of Cavendish Asset Management tells Proactive London why he thinks the offer extension on Faroe Petroleum is low ball, and why the company is for a number of reasons undervalued. News here too on what investors should consider a more realistic share price would be.


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Oil Capital, a subsidiary of Proactive Investors, acts as the vanguard for listed oil companies to interact with institutional and highly capitalised investors.
Headquartered in London, Oil Capital is led by a team of Europe's leading analysts and journalists, publishing daily content, covering all key movements in the Technology market.