yes i agree,
these guys are pretty clever, ( risco energy)
they need to bolt on some producing assets, and they need them asap,
in my opinion risco knows that by doing the deal they have bought your company out at the lowest possible point in the oil and gas cycle,
the oil price is going to $100 or more a barrel over the next year or so, you know it, i know it and risco know it,
if you guys accept a low ball offer, your crazy, you need to make risco work for the deal and come to the table with a brand new realistic offer, or its a no deal,
if you check my post from the BPT thread this morning i said exactly the same thing, about WPL making a bid for BPT,
WPL is the only asx company that has enough money to buy BPT,
the market knows, that BPT would need to get an offer over $2.00 a share or more,
anyway, i hope your directors dont sell you out and fleece you,
time to put on your war paint boys, its your company,
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