$LAM.L – Lamprell – getting interesting

Oil-rig maker LAM (Lamprell) announced that  CFO Frank Nelson  intends to leave the company “for personal reasons”. Joanne Cunin will replace him, effective from 1 October.

Frank originally joined LAM on an interim basis last October.

This is curious timing, given that LAM will announce its results tomorrow. The shares are down 3.1% to 136.94p today, although many shares are taking a battering as the West moves closer to military action against Syria after alleged chemical attacks on civilians.

About mcturra2000

Computer programmer living in Scotland.
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