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03/11/15
12:41
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Originally posted by orion123
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I can't believe there are sellers at 15.5c when there is a pending buyer for 25c albeit for only a small percentage. To my reasoning if a wheeler dealer billionaire was willing to pay 20c without the frills and a major is willing to subscribe for 25c and chuck in about $125 million to drill wells and with a pipeline in the offing + gas/oil production pending plus flush with cash the shares must be valued at least at what the big fellas are willing to pay. Leaves me wondering as I become a buyer at this price for at least the number of shares at the 25c buyout stated. This state of market doesn't happen very often.
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Why cant you believe it?, you do realise this was selling for under 6 cents AFTER the aep deal was announced, the thumbs up gang wont acknowledge that fact.