Equatorial Palm Oil (PAL) Shares Down 16.1%

Equatorial Palm Oil Plc. (LON:PAL) shares dropped 16.1% during mid-day trading on Tuesday . The company traded as low as GBX 1.30 ($0.02) and last traded at GBX 1.30 ($0.02). Approximately 205,565 shares changed hands during trading, an increase of 1,886% from the average daily volume of 10,350 shares. The stock had previously closed at GBX 1.55 ($0.02).

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Equatorial Palm Oil Company Profile (LON:PAL)

Equatorial Palm Oil plc, together with its subsidiaries, develops and produces crude palm oil in Liberia. It holds interests in the Palm Bay estate covering 20,234 hectares; and the Butaw estate comprising 46,539 hectares located in Sinoe County to the south-east of Monrovia. The company was founded in 2005 and is based in London, the United Kingdom.

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