re: ** lost the battle ** At last a 3rd tagret statement out tonight.
It pretty well sums up the informed investors view:
1/Skafell acting in Skafells interest, not the shareholders
2/Yeah so the capital fcasts blew out, thats life , lets deal with it and move on
3/AIM listing is in the shareholders best interests and the UK mkt very deep and liquid by comparison
4/Skafell limited to 15% by FIRB rqmts
What idiots are selling below the takeover price of 64cps anyway? Maybe a bit of churning by Skafell to shake the loose fruit.
This has always been a bottom of the draw long term hold, and thats where my paper is staying until they get to compulsory acquisition (90%) and I just cant see it happening.
So the whole Crosby exercise will be a futile fart in the wind that just distracted the Tethyan team from doing what they should be doing!IMHO
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