RE: Great News at Caspian2 Jan 2020 09:20
SOU should have braved it out and gone it alone. Giving away the share of the assets, assuming a deal goes ahead, doesn't make much sense given where the current share price resides. Even if there was dilution after dilution, at least people could have seen a way forward. There still remains the real danger of SOU delisting off AIM if / when the "deal" is done. That's my opinion, by the way - the possibility of SOU delisting off AIM, as the majority of decisions I think would be made by the other company whilst SOU would just be a shell company. Still not convinced there will be any dividend coming your way any time soon, even if a "deal" is penned, when any money coming SOU's way is probably best used towards getting some gas proved-up.