Member Info for Ironic

A suspension of trading could be announced at any point . So I would steal clear of 'T' 20 trades as you may not be able to pay them back on time or at all . Big rewards or big consequences likely ! . AIM in the exstream ! .

Seems world view can either buy PCI out or eventually loose its investment the neat 30% . Bearing in mind the negotiations just over a year ago with Dragon oil for £2.30p per share . I feel there is scope for good trading .... Big rise on news of waiver extensions .... big rise on any Further Take Over news . Bonus for any holding if a good deal is struck at any point . £1.30p a share must be a possibility . Flip side lose the lot but World View could be facing the same prospects . These negotiations are not free they will involve solicitors big fees , so this must be a serious consideration with prior research eg finance partners . Just my thoughts . " a very good trade with the possibility of being in at the right time " . ( on firm news could open up 500% ) .

Maybe this time , half price , even a bidding war ??? . An extensive due diligence process commenced on 22 July 2014 and, on 14 September 2014, Dragon Oil confirmed to the Company that it had completed its due diligence, and planned to seek an irrevocable undertaking to support its making of an Offer from its majority shareholder the Emirates National Oil Company (ENOC) L.L.C. ("ENOC"). Petroceltic had stated in its announcement of 6 October 2014 that, subject to consultation with its shareholders, it would be willing to recommend an Offer at 230 pence sterling per share in cash if such an irrevocable undertaking was obtained from ENOC, given such Offer would be subject to the approval of Dragon Oil’s shareholders. Dragon Oil informed Petroceltic on 30 November 2014 that it no longer wished to make an Offer at this time for the Company, citing prevailing market conditions. Maybe ENOC will join the process .

With the confirmed take Over negotiations taking place this will trade with big swings .....There will be traders trying to talk it down for better re- entry and shorters looking for a better exit ( by buying back to return their shares ) so exspect lots of negative posts . There is a big risk agreed but the rewards from here could be 100% or 1500% . The last negotiations were £2.30p .

So last year Dragon oil were trying to Take Over for £2.30p . Oil plummeted our debts increased . Dragon oil pulled out then shortly after sold them selfs . Maybe Dragon believed this was worth £2.30p a share , maybe PCI would not accept £2.30p a share . Or Dragon just decided to sell any way . But the fact is it nearly sold for £2.30p a share last year . The banks are willing to take payment waivers at the moment ( they must see this as possable ) banks are not charitable any more .Petroceltic International plc (AIM: PCI) ("Petroceltic" or the "Company"), the oil and gas exploration, development and production company focused on North Africa, the Mediterranean and Black Sea regions, today announces that, following the announcement by the Company on 23 December 2015 of its strategic review, it has received a further waiver of repayments under its Senior Bank Facility extending to 29 January 2016. The Company's lenders have also indicated their willingness to consider such further waivers as may be required to continue the strategic review process based on circumstances applying at the time of any application.. So £1.30p with extra debt to pay of is a steal . About a 8 bagger from here .... Possable .

The annalists thoughts this morning £1.30p not far of consolidation price , near half of Dragon oils original negotiated price . Admitted lots of debt , oil price abysmal . But that's why now is the time for a take over . http://us7.campaign-archive1.com/?u=4b5aaf1e56ff28c6b6add1eef&id=eca9af15cb&e=da84da7f6f

The best time for a company with money to buy is when the market is weak . Would be nice if Dragon were to enter a bidding war . Imagine half what they were considering last year . The banks know something extending credit . Fingers crossed . Thanks for the answer

When were Dragon oil interested , how long did talks last , any rumer on a price during that period ? . Looking through old RNS lots to trawl through .

Is that not all of AIM . Is that not how AIM works . When a company is debt free on AIM that is significant .

Baring in mind the 5 year high is over £2 . A offer of half that would be great .lol .

The only professional opinion I have seen today says £1.30p target my guess is not just year high but taking it back to consolidation price to keep institutional holders happy . AIM is a complex gamble so this is only a opinion .

Will see what the MMs make of it at close . Will also research tonight to see if it was re rated to £1.30p from 6p . A lot to read through the . Catch you all later .

Ties in with what happend in 2013. Well below 5 year high .12Malcy reckons maybe 130p GLA http://us7.campaign-archive1.com/?u=4b5aaf1e56ff28c6b6add1eef&id=eca9af15cb&e=da84da7f6f

So was it a re rate or why the jump from 6p to £1.30 in 2013 . That was the professional guest emote of a possable deal today . Link earlier .

All said and done the fact is Take Over offer talks on going . RNS saying that not Advance . Let's hope they go forward at year high minimum .

Should make good trading during the Take Over negotiations . We will see lots of possative and negative comments , some possative and some negative by the same people to help things along . Lol . Read the facts the RNS the BB is a bit of fun with some info to help you research .

Few more consolidations and placings to clear the rest of the debts then it will be bought as a AIM shel . Clear debts first .

AIM is the biggest joke ever .

Think we will get a RNS for the licence and holdings explaining the rise .

Day traders or shorters .may be .