The more offers approaches that come in the more it will lift the SP, anyways even if we shareholders decline the offer, who best would know the value of a company than the buyer which in turn will tell the market what we are worth. I keep looking for any negatives here but alleyways come back to more than one bidder in any auction ALLWAYS lifts the final sum both or many wanted to pay. Pope and ARG are fighting for control already NOG let it be known were looking, my hope is pre vote a big gun will blow all the minnows out of the water with no time to respond. Not long to wait now either. GL all.
Doesn't really matter so long as true value is realised eh?!
Is it really in the private investors interest to have a takeover or is it now one for the long haul to get maximum gains?
I reckon it's Pope saying you aren't going to have things your own way to agr. A number of existing directors were put in by Pope, with bill wells they will have a majority on the Pope side. Pope should have a director on board with potentially 26% of the company & a big chunk of popes portfolio at risk. One thing is for sure, if there is someone else circling they best make a move quick as the company with 300m+ shares is going to be easier to buy than with 700m shares & the majority in big investors hands - it just won't happen for them so it's probably now or never for a takeover. They could pay 20p & I reckon it would get voted through & only cost £70m.
Is that Pope saying we will put in our top man if you agree the deal.....while awaiting another offer from NOG?
Tethy have agreed to appoint Bill Wells to the Board as a Non-Executive Director subject to the AGR deal going through
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