We have all expressed our views re the conduct of the board to "sell out DTE shareholders for peanuts".
The cheapskate offer is further exacerbated by the fact that DTE farmed out a significant % of its hodings to GDF and TOTAL in return for farmin activities amounting to some $100 mil. Considering what's been offered to DTE in total and having regard to millions in cash on hand and the value associated with the farm-in (for which DTE had to give up significant %ages of holdings), it appeas that we are being offered far far less than the "dressed up" value of 0.1898c.
Rip-off of the century and ought to be stopped.
Oe question which has been posed a number of times now but with no response as yet: How does retail investors manage to trade their stock on AIM once the merger is complete??
Thoughts and advice appreciated.
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STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
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