Member Info for zedy

Yeah, on offer of 10 times current mcap not unrealistic at all. The only problem is Google not currently looking for a pharma play. GLA

Clearly the market in their country feels medco getting a bargain. Hope ophir sold at fair value and not treated in the same manner as faroe petr. GLA

Happy to wait and see how this plays out, prepared for the board not to except a low offer as long term this a solid company. Bought pmo couple years ago and remember shorters driving it down to 19p, no thanks. Next few days exciting here.

Unbelievable rise today on the back of an ok RNS. Happy days. GLA

I agree, 70p should be minimum offer. This will creep up towards that level in coming days. GLA

I was previously in pfd when McCormack eventually made an offer which was rejected. This playing out in a similar fashion but hopefully the offer here will be a lot higher. GLA

Once the offer price is leaked to the city boys this will immediately spike. GLA

Not a coincidence this takeover news has emerged as the Fortuna licence about to lapse. Hopefully, that can be priced in now but fear it may be to late to save now. The offer to us the shareholders will reflect this once Fortuna status confirmed in January. GLA

Coldspy must be psychic. GLA

Good point, i trust the board totally as they have proven to be shrewd in respect to deals. GLA

My only worry is any new deals which will make materialistic difference to sp will not be cheap and will involve taking on debt. GLA

Hopefully, we will get a dividend sometime in future. Long-term hold for me since bought at 27p. GLA

Also, baron only person i know who shows his buy price on Twitter. I have made profit from many of his calls. The losses i have made due to following him are significantly less than the overall profit. Gla

Results soon, buyers positioning for next big move. Just my feeling. GLA

I agree, other oilies in general not rising as much. GLA

I remember the previous time opec made cuts to stimulate the market, it took a few months before the affect was not noticeable. Strong hold for me.

Made a loss of 530k in first 6 months with a balance of 450k at end of june. Will be interesting to see cash position in next financial update. A placing could be on the cards hence the slide in recent sp. GLA

Thanks gorillacamp, issues not out of ordinary for a relatively new company.

The big boys in the city would've been aware of this before the press if true. The fact this hasn't flinched suggests definitely fake news. Happy holding as way cheap. GLA

If any offer comes what may it be. Bought in first at 281 hence a bit under.