PickEm,
Possibly the only rabbit COE have is if they get a great farmout for Bargou, but my suspicion is that if Bargou was all we are led to believe there wouldn't be this bid.
IPM have a lot they can possibly announce that will help:
* KMD - perhaps they can give a 2C, or at least more info on the project.
* Edirne - they've given a 2C, but it looks consevative, perhaps they can explain the upside potential better.
* Selmo - hopefully we can get another good workover or two result
Apart from that I suspect a bottom to the poo slide would help, as COE isn't exactly loaded with oil.
This is a terrible misjudgement by COE, as even before the bid COE's liquidity was fast vanishing. You can't successfully launch a script takeover imho if no-one wants your script - sooo dumb. Doesn't matter that IPM script wasn't sought after either, in fact it indicated holders largely weren't eager/desperate to exit.
EL
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