VPE keeps on delivering however drifts lower.
Surely this is a no brainer now.
They would have to be in to positive cashflow territory now and with the CSG assets to be quantified in the short term??
Their tangibile NTA would have to be well above the current share price?
What happens to the option holders if a takeover offer comes out?
Do they get bought out for par less the strike price?
more oil..., page-4
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