Bought into these first thing this morning. Worth doing some research on them.

Bit of a rough ride today. All ended well.

Got to find out why the FD has left the company.

Good luck to all who are buying in on the basis of APR's asset value and in anticipation of a sharp bounce on any good news from Libya. Libyan government ratification of APR's contract extension could prompt a very sudden spike upwards in its share price.

But latest news on the overall situation in Libya remains grim and understandably affects the share price of all listed companies operating there, deterring many investors:

New York Times latest from Libya

In the event that the Libyan situation is not resolved in APR's favour, there must be doubts about how the company would ship its generators elsewhere - with so much disruption of ports and airports - and the risk of equipment being seized by fighters. About a fifth of APR's fleet is in Libya. The country is desparately short of electricity, and APR's equipment is something that various factions might relish control of.

So, the company has conceded defeat and thrown in the towel on its biggest contract. It now has the problem of getting its equipment out of war torn Libya without any faction seizing it.

No foreign airlines are flying to and from Libya. Ports remain under frequent attack.