Takeover Target10 Oct 2018 07:25
Just been reading, with interest the comments, from yesterday. Talk of a takeover was replaced by RH and his shares. Yes the link suggested he had zero, some doubted how this had been achieved whilst others thought it great. The linkturned out to be misleading and the company apologised for a genuine mistake in its reporting...so RH still has shares to sell. It seems a number shares where reported yesterday as sells when they where buys ..... but this is happening a lot across many on Aim.
I am still of an opinion that Amerisur could be sold to GTE.
My reading, thought processes and feeling points me that way
with the appointment of the ex BP experienced lady yesterday,
the FTSE listing of GTE this morning..... don't believe it's a coincidence
the geographical nature of the two companies in Columbia and the Putumayo Basin
The Dana Coffield link between the companies. He was a founder.of GTE
the new T Sands find,
CP05,
Indico 1
the OBA pipeline,
GTE has the cash,
price of oil
debt free
Low MCAP
Low extraction and operating costs
An ageing BOD
I think AMER. could sell up and get a great price.
Ok I could be reading too much into a number of things but AMER is a prime target.
Takeover or not I still believe we are seriously undervalued, oversold, have low Market sentiment but have great potential for a much higher SP.
The state of play comparison and performance posts, from the other day, by ColonelDrake and BigBiteNow were both illuminating and fascinating. Good luck to all with the imminent production news and whatever follows.....