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MGYOY Mol Magyar Olay Es Gazipari Rt (PK)

4.05
0.0345 (0.86%)
17 Jul 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
Mol Magyar Olay Es Gazipari Rt (PK) USOTC:MGYOY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.0345 0.86% 4.05 3.83 4.10 4.0675 3.91 4.04 108,958 21:02:33

Correction to MOL CFO Power Plant Story

14/11/2012 2:23pm

Dow Jones News


Mol Magyar Olay Es Gazip... (PK) (USOTC:MGYOY)
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"MOL CFO Says to Decide on Power Plant Launch with CEZ in 2013," at 0741 GMT, misquoted the chief financial officer in the second paragraph. It should have said higher gas price and lower electricity price. The correct quote is as follows:

"With regional and Hungarian gas prices at very high levels, and very low electricity prices, there is no point in starting the investment right now," Jozsef Simola told reporters on a conference call.

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