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Centric Energy Corp Lower, Suitor Africa Oil Corp higher

Centric Energy Corp (CTE.V) is lower at 56 cents, but off a day low 51 cents hit earlier, on big volumes although there is no apparent fresh news driving the stock. The stock had recovered to stand unchanged at 58 cents about a quarter of an hour ago, but that full recovery was short lived. Close to 3.4 million shares have traded.

Centric Energy Corp. on November 29 entered into an arrangement agreement with Africa Oil Corp. (AOI.V) under which AOI has agreed to acquire all of the issued and outstanding common shares of Centric. AOI is up 2 cents at $2.04 today.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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