Member Info for JMAX

Low ball is possible. However, I would expect that the negotiations have been going on since before the oil crash, and low ball will attract the attention of other players and this could drag on and raise the T/O price. So I think 90p plus would secure.

I think there is a good chance - 90p plus is my call

Maverick,
I'm expecting higher

You would hope so

Many are in here over £2.00, and in too heavy to average down significantly, sub100p

35p offer - then taken over at 100p plus

He once said that he didn't sell at £15, so he may have held some shares since the good old days

Would the IIs, let it go for 65p or less? They know we are in a storm and things will improve. Remember, they are in way above 65p.

I think the deal was done before the oil crash - don't shoot me - 90p minimum T/O

Thanks Arnold
BTFATH1, someone on here speculated about a T/O, and some media outlet reported that an unnamed source (the poster on here) had news of a T/O ( Or something along these lines)

Someone may remember. Was it from this board that a media outlet directly quoted a post about a possible T/O ?

Come Thursday it may turn out that Dot has played a blinder

Top up time

At this time there is no need for a fire sale

Because they are either inept / don't care about investors or because a T/O price is agreed.

Who benefits from the price crash - the people who buy in, and who are fully aware it will rise again.
Ps could you buy at 10p this morning......

To some extent we are ruled by the people we owe money to ;)

I agree Megla,
T/O or an asset sale(s) will probably be announced on Thursday. I know some might disagree - but to stay alive we may have to sell non producing assets at a reduced price.

BTFATH1
Is the 10B is at $60 per barrel ?

They are in it together - for the long term