Gralf, the only thing that concerns me as a LT holder is the possibility of a takeover. This company is seriously cheap and could be bought using spare change by one of the majors.
Cygnet Capital who is Mantle's major financial backer and underwriter was also Pure Energy's. Pure Energy was bought by BG for $1.02 billion. Mantle could be taken away for a fraction of that.
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- following very similar pattern to december 09
following very similar pattern to december 09, page-6
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