Bahouse - The truth is the FSA aren't really interested about AIM companies. They would probably only step in if exceptional circumstances occur. However, if PET was a FTSE 100 company (hopefully in the next 2 years) the FSA would be jumping all over them to release a RNS due to the fact that the Khurmala Dome contract has been OFFICIALLY awarded to Avraysa.
Pet could "get away with" using the argument that they haven't been told for maybe a month or two. But, let’s just say the Hamrin and S&L contracts were delayed for 6 months. (DON'T PANIC!!! I’m just trying to explain my point!!!) Would anyone believe they haven't been told, given the fact that Avraysa had already started work on the field?? I think not!!!
As I have already stated I feel the best course of action for PET is to keep quiet for as long as possible!!! I’m just trying to start a healthy debate about PET, the FSA and the legality of having to release a RNS.
