Member Info for Mrd5432

They've picked up pmo for its current market cap maybe a few pennies more. Which is useles! And termed the takeover a reverse merger. A takeover should of got pmo shareholders 30p+ 40p+ heck this can rise to 50p+ but now with 5% of pmchrysoarO you lucky to double up when merger happens and oil recovers. Bp offers same terms.

Tony D gonna quit pmo and head to a new job at arcm.... heck he helped alot.

You need a better broker. One that allows you to sell and buy.

Did Tony say? once we reverse take over chryasoar then we will reverse takeover bp and become ftse 100 then merge with shell... then reverse takeover aramco? Original pmo shareholders will hole 0.000000000001% equity but you might get dividends.

Pmo shoulda merged with enq and tullow.. at least it woulda been a merger of equals. Even ophir got taken away on a discount but not like this..

Some1 ask the question ffs. So Tony what do you get out of this amazing deal?

No point coming back now... there is no recovery play. Now its just a play on oil prices. Bp offers more security. Pmo we had hopes from 15p to 100p. So what if chryasoar MIGHT pay a divi... so might bp or shell...

Tony should of fought harder for us shareholders
He basically gave us away at these minimal prices. Arcm said yes to the deal straight away. Funny how Tony didnt do merger at 100p or 50p. But waited till 15p.... talked about raising money which he never gave a price on.

Tony be like yea we just bought chryasoar... erm no mate they just took over pmo for 5% of their shares. Indonesia tolmount catcher all on the house. As solan was sold by chryasoar to us anyway! Im not invested but im passionate pmo. Was gonna be my recovery story.

New market cap $4 billion. You will have 5%. So $200 million. Back of fag box. Basically chryasoar have pulled a blinder. Managed to takeover pmo without paying a penny in premium.

Told you rkh will go up on speculation

Basically work out what 5% of the total entity is worth. And thatl be pmo share price. Im guessing with mahooosive tax breaks probably around $4 billion so pmo around $200 million. 5% Tony coulda argued for 10% 8% but 5%!

Dbno if you want your 10% makes sense to go for rkh. Finally theyl have money to consider their find. So on speculation itl go up. Pmo who knows the boffs will run their calculators and work out a price.

Tony bailed out the debt holders well with this deal. But not the shareholders. He should of argued for a bigger stake.

arcm will be happy. They get their debts back in full.. got their wish. Tony got a few back handers.

Bloody chryasoar sold these lot solan for $1 billion. Now they got all of pmo for next to nothing..

Sell and go to rkh. Now theyl finally get funding to move ahead..

I said 12p... but im a fool what would I know.

Nice 10% recovery from 14p... if anyone got in at 14p that is.

I cant afford to lose anymore. But what else will give me 3-4xs return if durant pulls it off.