Hi Skitzo, I have had a good chat with JK about low ball offers. Rest assured that QGC and Sentient are different independent entities.There is no way that Sentient will allow a low ball bid and any other major would have to buy out both QGC and Sentient.
It just isn't going to happen. QGC has about 19% and because of Sentient independence it cannot be construed as being near 40%.
Sentient was the best thing to happen to VPE...far better than Odin.
We all must wait for the market to turn and it wont turn until the oil price stabilises and starts to rise. Cheers
VPE Price at posting:
12.5¢ Sentiment: Buy Disclosure: Held