I think before todays news, sp reflected where we are at present. Sp would have picked up as time goes by and before drilling imo sp could have been 50 to 80p. With today's news, I am glad to be in now and gradually see sp rise for top slicing. DYOR.
Based on the price of a FOGL Share of 28.50 pence, being the Closing Price of a FOGL Share on 2 October 2013, the Combination values the entire issued share capital of Desire at approximately £61 million, and each Desire Share at 17.76 pence.
· Thisrepresents a premium of approximately 45 per cent. over the Closing Price of 12.25 pence per Desire Share on 2 October 2013, being the last practicable date prior to this announcement.
The big boy on the block in the Falklands now also getting in on rockhopper Sorry not posted much but been very busy Sp might go up or down and this but come next summer it probably raises the likely sp to 1.50 now imho
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