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Any more news lads/ladies? Im at work at the moment.
Ah right, ok. Nice one. Sp on the rise again.
What was that comment about the sheep???
tense situations, fortunes to made/lost
With respect I am not asking questions and am not a tit, thats the way I see it, just giving my opinion, you must have a lot of these GL.
Filters thru to the sheep??
whats the live link, I cant find it on there site?
Many Thanks
Just wanted to check something out before I posted, Premiers 505 cash is going to Oil creditors they are paying nothing for company, divide nothing by numbers of shares and you have the share valve !!!!!!!!!!
If Oilexco only getting $1 for the company how can shareholders get ANYTHING ? Seems they are just paying the debts. Surely the offer should be turnede down and a better one obtained for these up and running assets. No I didn't buy -but interested -you never know if they go back to 8p or 2p for a while! Pat
quite possible, if so. Win win all round (for us anyway)
laughing. youd be running down the street with your pants down.
premier oil's share price is over £10, even if we got 1 share for every 10 we'll be laughing wont we?
wirh a hold for the moment untill further news for existing shareholders for oilexco is announced. IMO As always in this game, a gamble. Hopefully pay off for everyone involved. GL.
didnt you say theyd bought them for $1
Opinion Please
I had a small punt anyway. Unless it halves in value I won't lose anything significant
its a cash offer, be very carefull everone.
Yes, there is no money going into OIL, there bust. no reason for sp to rise.
Then the shares would be exchanged for Premier oil shares - I'm pretty sure anyway, that what happened when LLOY bought HBOS for example
Thanks for the info there - not necessarily buy buy buy then....
the shares become worthless ? and cease to trade
will provide Premier with an additional 60 mmboe of 2P reserves and contingent resources at 31 December 2008 (of which 40 mmboe is expected to be bookable to 2P by Premier) and unrisked reserve potential of up to 385 mmboe across 15 exploration prospects will enhance Premier's current production, adding an estimated 13,700 boepd of working interest production in 2009 There in lies the true market value.