RE: Only way is Wessex!17 Mar 2014 11:06
KUMS you can't buy online atm. Something big is coming to re-rate this company.
Last Guyane deal was equal to 1.725p maybe this a good price target?
"This would result in a dilution of the Wessex shareholding in Northpet to around 44% (reduced from 50%), or an effective interest in Guyane of around 1.1% (reduced from 1.25%). This mechanism is the equivalent of funding Wessex at approximately 1.725p per share. Alongside this, the board has commenced a non-project cost reduction programme aimed at reducing overhead costs by a minimum of 25%"