re: management buyout hypothetical I have said many times that if management believed their own spin they would buying shares on market at the incredible fire sale prices on offer now.
How many directors notices have we seen ?
Management buyout is farcical the most obvious choice would be tullow ? if uganda is worth what the pommy brokers think it is to tullow hdr at under $1.50 must be temting for an opportunistic take over.
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