tingu drilling?, page-7

That sort of comment is why you're allowed to be anonymous on this site, most people would be too embarrassed to post it next to their name.

The company made the announcement because it is obliged to by both the Corps Act and listing rules. Furthermore, a takeover by anyone (why Exxon???) would be the worst possible thing for shareholders, including management. We're sitting on a half billion dollar asset in PNG pre-Tingu drilling plus the biggest oil field in NZ and a huge operation in the South China Sea, not to mention planned exploration.

In my view, this is at least a billion dollar company that is misunderstood and mis-priced by the market. I would be very disappointed if I was taken out before seeing the cash flow that will be generated as these assets continue to come on stream.