See below. What interests me is the shares on issue, similar to NEN. With the market capitalisation a lot of this is the T/O into the pricing. Nevertheless there are similarities with the two. If you joinn the dots and Vietnam delivers then ENI and others would want to take NEN out of the equation however 25% could equate to quite a lot. On a shorter time line the same could be said about OXY, the last report from SGY showed how close OXY was drilling to NEN and when you consider NEN was first to plug at that location and OXY being the size it is, the same could happen at Paloma..... hope not.
Closing price-275.50p (offer 2.39p or there abouts)
