My view is bod tried to warn the market the deal ain't going to be as good as first thought, although the wording should have been worded differently, 1st time iv ever read an RNs from a co knowingly aware that it would backfire the 40% way it has. Sold here, 3 weeks ago and put more in solo, still down alot though.
This is how , I would have written the RNS: 1. Up-date on Ruvuma Farm-out: First Energy plc has informed us that the discussions are going on with 5 interested parties. we hope to conclude as soon as...........has been sorted. 2. Interest in USA Assets: 3 bidders are interested in USA assets, we have asked one of the bidders to go ahead with the bid. 3. All these new development seem very positive and encouraging and AEX board will inform the market and Pi's in due course. When the things have moved on a bit further. Please pass this to BH- to write up a proper RNS after the AGM tomorrow. This is the least you can do for PI's. I wish these People would get their RNS's edited by experts.
this looks way oversold imo. " in recent weeks we have had a number of encouraging indicators on several fronts which lead me to believe that we can be optimistic for the Company's future." - at least with all the delays in all areas there's a lot of potential news flow to be unleashed.
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