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Hurricane shareholders blow away restructuring plan

At risk of being massively diluted in a rescue deal that would hand 95 per cent of the oil and gas company to its debtors, shareholders voted against it
Hurricane shareholders blow away restructuring plan
  • Hurricane Energy said company at risk of insolvency if court follows shareholder feeling on deal
  • Over 90 per cent of shares voted were against the restructuring
IC TIP: Sell at 1.2p

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