Well look at cash and assets that Sdx have, this is almost a swap, like for like deal. No shareholder what so ever. Can't believe they ran this past the larger holders and they seen value there.
What bidder. This looks like done deal to me. The only dilemma I have do I still hold with Canadian share or take a huge loss. I can only imagine this is a great boon for tenaz so there share price should move forward.
There is no shareholder value as the board says in there statement on why this should go ahead. Just there golden hand shake. At a value of around 10 that has to be the worst offer in history
The most disappointing O & G company in the sector. Not impressed with this Rahul . Time keeps ticking on but not much happens apart from bad management decisions at the start. Guess lth have to wait. At least the only one good thing they have is the oil price will stay high for now.
RE: Am I a conspiracy theorist?????20 May 2022 18:08
Closed my trade today, can not see this moving north without a good rns. Not following oil or market which worries me for trading. Not worth the risk on hitting my stop loss. Can not be traded for now. Good luck all going long.
The share price is descending unfortunately sine begin of April. Making trading harder on going long. Not the same as other o&g companies so probably good share to open a short position.
Frustrated with myself, should of sold yesterday. Back down to 50p. Same lows but lower highs in this trading range. Getting harder also looking bearish for this share.