I believe San Leon is a company incorporated in Ireland and subject to Irish company law. Under Irish law, the relevant buy-out hurdle is 80%. I dont think being quoted on AIM changes this but could be wrong.
I beg to differ but you can continue to argue the toss with SJ,don't believe anything this company says the NPCC and Nigeria is just another in a litany of projects that never materialise and as for the 'squeeze 'well do you really think that Tosca is here for the benefit of small retail investors?fortunately most of my portfolio is in the FTSE100 where there is accountability unlike the AIM casino which is purely for the hedge funds to milk small PI's and the day traders to play.All IMHO.GL
Can anyone tell me what has happened regarding the oil exploration in Morocco and the exploration in other areas such as Algeria, Ireland etc. also there is little talk about fracking which was paramount to the company's success several years ago. Do all our hopes rest in Nigeria.?
Assuming that it is large institutional buying which is patently obvious what are the implications for small retail investors like yourself?will you top up , given your consistently positive stance and unperturbed by the NPCC dimension ?that said any significant news re the Chinese DD?surely completed?or dare I say it...............
Datafeed and UK data supplied by NBTrader and Digital Look.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.