Member Info for Sundaysun

Five RNSs on one day ha..Just want the big one..

It�s not negative to say the leak is crap..I�m actually very bullish on a deal being done. Some balance might help here too.

Haha..You are right there my old friend ..If it was a news leak and not urine this would be 5p now.

Bloody hell, BG can move to give approval when they want to..Now pull the finger out for BPC please.pretty please even.

Two price monitoring extensions in less than half hour..MMs have indigestion lol..

Imho the only reason that we are not at 20p + now is because of last years events..Market doesn�t forget...So yes coiled spring.

3p was bound to see sellers come in...We take a breather..MMs get hold of much needed stock and .......

Yep..getting to many figures in all my paperwork .$10m on the brain as the amount of cash we parted with...lol..but you get where im coming from on valuation.

You only need to take the combined existing profit from both co's $10m ,and apply a PE ratio to that to see the value here..And thats without the $135m or Chinese shopping,or anything else.A bonkers SP if ever i saw one.

I agree.Im looking at this as a long term dividend paying investment.Im fully loaded for now but some of our other investments I think will find their way here. Atb

Excellent price ,well done.Indeed i think this will be back up to pre .porn levels very soon..lol..At this price its a no brainer.

It would seem an opportune time to let VIP rip get over the 1mark and start recouping the $10m cash pile.

Clearly peeved at the market overreaction ,TH presents a compelling case for investors.

Because many expected to double their money on a takeover.The market doesn�t like these kind of surprises,what with three offers rejected..It does show how valuable MMX is though.As Bakky said ,once investors are over the disappointment we can move on.

$41m dollar paid for a company with$135m of premium names .. The economics is simple...work out a PE ratio based on any discount you like on this alone ...

When you take out cash reserves this company is valued at the price of a two bed penthouse flat on the Themes. How crazy is that.

Basic facts from an economical and non ecclesiastical point of view. $41m paid for a business that is waiting on us to collect $135m of premium revenue...It�s a total economic no brainier.

So you pay $41m for the asset and you have $135m in ready premium stock as a result of it. Nah ,i dont like deals like that lol.

waiting to be picked off from 9700 premium names..Bloody hell no wonder they went for this.Total no brainer..The SP is bonkers.

Ive been in a few O&G shares over a long time.Ive never known an RNS issued for a routine drill permit alone..Unless the company has said they will RNS it ,which i dont think they have,Im just waiting for a more substantial RNS to inform us that we are about to start a drill .