Lamprell shares swing wildly on mixed bag of news

Shares in Lamprell faltered then jumped after it announced details of even greater losses for 2012 but said it was on the road to recovery.

Shares in Lamprell faltered then jumped after it announced details of even greater losses for 2012 but said it was on the road to recovery.

The oil and gas engineering firm now anticipates a total projected loss for 2012 of around $105m.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.