Monday, April 11, 2016

Northern Norwegian dentist has lost at least 20 million – Avisa Nordland

In these times, it is probably better store to drill into teeth than betting on rig shares.

Harstad-dentist Tore Berset (46), according to DN lost at least 20 million in three years on rig collapse of Songa Offshore. On Tuesday, shares halved after the company announced a refinancing, which includes shareholders to inject more money into the company.

Most has gone wrong for the rig company. On this front is the list goes on. Building Troubles, liabilities, operating problems and oil prisras.

In five years the share price has fallen down by 99 percent. So far this year heading down almost 70 percent.

In March stood Berset and his company, T Berset Holding, listed with 9,100,000 shares. It made him the tenth largest shareholder in the company. Per 1 Apil the dentist and his company dropped out of the list of the 20 largest shareholders, ie those sitting with little more than 2.8 million shares.

DN writes that sales have most likely happened on falling prices.

– I do not want to say anything at all about my dispositions, said Berset to DN.

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