Gassed just to add further to this thread is the SP has fallen by a large amount on % terms.
Again past experience has shown me in a number of companies I held shares in IMO the stocks where intentionally sold down to make a T/O bid more attractive, e.g. ESG, QGC to name a few.
Although I cannot prove it was it a coincidence ???
I suggest we watch this weeks trading very closely not just the SP but the actual trades.
All the above is pie in the sky if in fact the RIG arrives and a proper informative announcement is made.
Again I stress this is just an opinion based on experience.
Whilst some believe the board have friendly shareholders one example of that dangerous assumption is ESG where many of us SH believed the same, me included only to see us being stooged by that board.
Kind Regards To All
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