Takeover10 Oct 2018 13:24
If theres a takeover then the shares will be sold for a high price the ceo knows in his head a figure and going off him not selling a single share as of yet i imagine its many multiples of this. Its a bear market they range between 3-12 months. That being said doesnt mean growth can not happen infact it intends to push growth in sectors such as this and can increase lower scale business to scale upwards the ones affected most are usualy the largest. Again dyorbut personally i dont think this will be took over for pennys it wpuld be a big deal, dont think PRD will allow its C02 to be compromised in trinidad seeing as they are first in, cant see the goverment relapsing on agreements because it will help increase countries income via tax more oil more tax and the list goes on. Soon as some of my other shares have shot up im investing more into prd or as soon as this drops below 6p id say around 5.9p i will be topping up something i dont think will happen because everytime we get to that level pesky buyers push the price up! Damn stupid buyers!! 😂😂😂😂