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It seems like jam tomorrow is the message yet again...one day this will be a good business but maybe with some new people on board
Yep maybe thats the plan hope for a long hot summer next year and sell the radishes as a new sideline!! Lol
I've found out what the management are doing, sponsoring the best kept allotment prize! http://www.lep.co.uk/news/green-awards-greeted-with-cheers-1-6250822 One day the Manchester contract will close...
That must have been an old note posted from First Reserve as on checking your right they have the figures wrong. Ive banked some profit this morning as not convinced we will see the top end. Left a bit in to see what happens..
From that note '...we estimate the industry could pay £2.03-£3.33 for the Company’s 255 mmbbl 2P reserves ..' so theoretically the company could be sold for slightly less than the current SP...do the MMs know more than we do as its share price is staying around the current price for the last two weeks...
Interesting someone taking a large position..
Me too thought it was undervalued and was a good bet, now wishing Id invested more..
Got to be worth over 200p as you say..
Good to know at least two parties interested and hopefully more will come forward. Would be nice to know roughly where they are looking to pitch their bids at..
Thats the best option for shareholders, put up the for sale sign and see if any one other than Arip is interested
I would take north of 250 any day similarly and dont think thats unreasonable when you look at reserves, progress made and cash coming in. However depends on what the major shareholders want as a return on their money as what I want will make little difference. Arip must have spoken to the major shareholders like Worldview or know roughly what they want I would have thought. Almost 50% owned by Arip and worldview.
Made a small purchase here earlier in the week as after looking at it appears it has some potential. Price is now driffting up currently on not much volume. Has some risks associated with it, possible offer taking it private and no guarantee that the offer will be that much higher than current price, maybe an outside chance that someone else could be interested and make a bid which is the way we might get a better return. The past issues with Worldview doing some dodgy things and currently Arip having his assets frozen (poor fella ;-) ) are worth bearing in mind. And all contributing to keeping the price lower than it would have been otherwise. News to come will be results of four wells that have been drilled just waiting on results anytime and on two ongoing drills. GL
Henderson increasing to 11% plus
http://www.investegate.co.uk/Article.aspx?id=201210171641419395O
oh for a crystal ball :-)
Can sell (strangely enough) at 9.18..
All buys going to neg trade at the moment...
I just did a dummy trade to get £1000 and it went to neg
5 / 6.5
Its traded like this for ages little flurries and then nothing. Dont get me wrong I'll be happy if they suddenly annouce something but unless it does 100 times what its doing now I dont think anything much is happening just mm's having some fun :-) hopefully Im wrong though as I'll make some money.