Which ever way I look at this I don?t see it being a necessarily bad thing for GGP. If the acquisition does not go ahead there is a high probability its because of negligence on AKW's part .. therefore break fee should be void leaving GGP again on the prowl for further acquisitions.
If it does go through, great.. it is and will be a great addition to GGP's portfolio. plenty of potential for further drills and will the offshore drilling turning companies to onshore, raising the price for these types of plays, GGP should be able to turn a quid out of it.
I would think the reason for the buy orders being pulled are more so out of uncertainty.. that was the reason for pulling mine. I also lightened up my holding by a mil or so last night. shall see how the pennies fall come Monday.
I?m sure getting excited.. news going our way is more than overdue.. should have some results from GGE wells over the weekend and GGP being in a TH with the market positioned to fall isn?t necessarily a bad thing... im more than happy that my little heart can relax today and Monday and have a flutter on other speccies :)
Good luck to all.. rest up this weekend. big week ahead of us next week.
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