Member Info for NewKOTB

Some decent ones throughout the day too, just one example, a £292k buy:

07-Jan-19 16:25:23 44.8872 651,003 Buy* 44.65 44.75 292.22k O

Artemis 1.84%
Standard Life 7.11%
Dimensional Fund 1.84%
State Street Global 1.1%
Norges Bank 2.37%
Legal & General 5.7%
Ruffer LLP 1.15%
River and Mercantile Asset 1.24%
Nomura International 2.613% (2.613% short)
Prudential Plc / M&G 9.07%
State Street Global 1.12246%
Carlson Capital 2.525%
Schroders plc 1.482%
FMR LLC / FIL Ltd 7.09%
The Vanguard Group 2.95%
BlackRock 3.41%
Barclays 1.25% (short 1.26%)
Petrus Advisers 2.49%
Azvalor 7.819%

Total declared = +62%

few more large ones to declare ...

Not sure Nomura International filled their form out correctly ...... lol

IAmNotAnAnalyst,

Bid / Offer still being actively managed so imo someone is still loading up.

So yes, well in excess of 45p

If I was Medco, I would put an offer in that would guarantee first time acceptance by the shareholders. No messing around with a cheeky offer as this would only attract other sharks to feed imo.

Cheeky offer 58p
Killer offer 77p

imo

Interesting we have almost 60% ( as of now known notifications) of the company held by Institutions and no doubt this will climb to imo +80%.

Now, ask yourself, would these pro investors still be involved unless there was something in it for them.

Artemis 1.84%
Standard Life 7.11%
Dimensional Fund 1.84%
State Street Global 1.1%
Norges Bank 2.37%
Legal & General 5.71%
Ruffer LLP 1.15%
River and Mercantile Asset 1.24%
Nomura International 2.614%
Prudential Plc / M&G 9.07%
State Street Global 1.12246%
Carlson Capital 2.525%
Schroders plc 1.482%
FMR LLC / FIL Ltd 7.09%
The Vanguard Group 2.95%
BlackRock 3.49%
Barclays 1.30% (but short 1.32%)
Petrus Advisers 2.49%
Azvalor 7.819%

few more large ones to declare ...

If that is the case all my orders would be filled at a price I would be more than happy with ....

Some how I doubt I will get a chance ... Ophir will surprise many tomorrow imo

2019 is shaping up to be firecracker of a year for O&G M&A imo

Nice gaps at 105c and 128c let's go for those shall we on Monday.

Investor,

Agree, so much potential still lockup in sqz. 24 months sqz will be a much larger producer, probably around +50kbopd at least imo. Grossly undervalued ATM,

Hoping to build a larger position before she gets taken out. Taken out she will imo

The impairment will only show on our accounts, we will be sold well before. In fact this announcement, tidying up loose ends makes for a cleaner transaction as far as both parties are concerned .

Fully engineered imo between both parties as the figure has now been agreed.

Any drop on Monday will be very short lived and a last buying opportunity as an announcement will follow if not proceed market opening.

Gla

Simms, all answers in the press release, with official RNS on Monday.

The timing of the update is very interesting as it will be also the deadline for notification of holdings RNS.

Coincidence.... don't think so.

Think the board are managing the process well ATM imo.

Senn,

Bit of fun in the Sun ..... 58p, although in my day fun was found on p3, today we are taking about P2, estimated 65m imo

The timing of the non renewal of Fortuna is the clearest signal that the offer will be upon us very soon, if not Monday.

Just think how embarrassing it would be for the board of Medco to acquire an asset only for the licence to be revoked, or worst still , hanging around their necks like an anchor dragging along the bottom unable to be retrieved sucking the energy out of your sails for years to come !!!

So should the market wish to drop the price I will certainly be adding more.

Gla

Decks have now been cleared , scrubbed clean and made ready for the new owner.

Our ship Ophir will go on to do great things for the new owners in years to come and all us shipmates will look back and wonder "what if".

Forecast $300pa free cash flow for next three year, that's possibly as much as $1,000,000,000 at current production rates.

"Our discussions with Medco have taken place in the shared knowledge that there were a number of potential outcomes with respect to our Fortuna asset, and these discussions continue..."

The backhand dealings of brown enveloped officials

or

Medco didn't want Fortuna so pointless keeping Ophir running with one asset, so we let it go.

All tied into the deal no doubt.

We will never know which.

aimo of course