RE: Wonder if we will get28 Nov 2019 11:12
You will only make any decent money by the company being taken over not by sitting on oil, so if let’s say for example 20 p was officially offered then market makers would price it in accordingly ,if the offer Was rejected and that s that then price would crash down back to a few pence , even though it been valued at more, it’s all a big game,look at the Falkland Oiler’s there sitting on mega mega proven reserves but company price is only valued at a fraction , Any good news and price rise will be sold into , it happens every time with every share, this will be no different , the shares aren’t held tightly