Expansion / The ‘bargain hunters’ bet on the revival of Abengoa just before the meeting at which the council will address a plan to revive the company.
Investors, at least those in more speculative, retrieve the Abengoa hopes to avoid bankruptcy.
The Andalusian company today signed its biggest gain of the year. Both Class A and Class B shares of Abengoa advances at times rub 40% in the continuous market are noted. Since early December its titles not exceeded 30% rise.
This comeback to retrieve the level of 0.2 euros to the Class B shares, which were listed on the Ibex and still form the bulk of capitalization. In the case of class A shares, the rally today puts its price above the 0.5 euros.
The strength of the climbs can strengthen the positive balance so far this year to their actions, so that Abengoa gets at times the threshold of the 200 million euros of market capitalization.
bailout plan Expectations are high ahead of the meeting of the board of directors convened for this afternoon. The central theme of this meeting will be the study of a turnaround plan that includes leaving the company in almost half of what it is today.
The event today is one of the last chances to avoid bankruptcy. To achieve this end, among the recipes to ensure its viability raised include massive divestments, output in some countries, wage adjustments and deferral of payments to suppliers
SPAIN. Abengoa shooting in Bag before the strategic plan
Information Expansión
http://entornointeligente.com/articulo/7764327/ESPANA-Abengoa-se-dispara-en-Bolsa-antes-del-plan-estrategico-25012016
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