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JSE : EEL

Share Price Information

JSE : EEL

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Edison Investment Research Update

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Sep 18, 2012

Adverse reaction to announcement

Since 21 August, when SacOil withdrew its cautionary statement concerning a potential acquisition, the share price has fallen 30%, significantly underperforming its Nigeria-focused peer group. The underperformance presents an opportunity to examine the catalysts tha could reverse it in coming months.

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