I am now out of this share.
Sold 45k yesterday and 86k today.
Firm believer in oil and gas and the prospect of another supercycle.
Not a firm believer in Argentina.
Now hold RDSB, PFC, FPM, PMO, HUR and IOG.
Thank you all for your posts on FPM.
This board is typically very quiet!
The quality of the posts here is little but good.
Please let's keep the posts professional.
I was invested in IAE.
I am invested in this company.
I will double my holding if the price gets near 80; a good chance with Brent prices in decline.
The board are 'Premier Division', make smart tax efficient exploration decisions and the balance sheet is extremely strong with considerable cash.
Delek will try to acquire this company.
Happy investing
Bean
Thank you for sharing your excellent/intelligent observations based on facts KeithR39.
I did not want this takeover.
I sold 50% of my holding in the market to reduce my risk.
I held 50% in the hope my fellow shareholders would reject the offer.
I still hold 50% and plan to be a bl**dy difficult minority shareholder but i believe i will be compulsory purchased before that opportunity arises :)
Bean
This offer is way too low; the small shareholders are being let down by this deal.
My fingers are crossed the other major shareholders vote against it or the offer is pushed at least a third higher or another bidder arrives to pick up less of a bargain than this current extremely low offer.
Good luck to us small investors
Bean