Is this acceptable to AEY holders?24 Nov 2014 11:28
As a SOU holder just interested to find out what you guys think about the offer and your estimated chances of it going through?
I know some people will have high averages and be a bit annoyed with the offer but looking at the whole O&G sector on AIM most companies have taken a severe beating and with the oil price in freefall there could be worse news ahead.
So imo it makes sense to consolidate - you have the cash and a very nice Irish licence and SOU have the management team, ongoing income and some rather nice (if smallish) onshore Italian assets.
So, is this a marriage made in heaven or a seriously bad idea?