hahahaha i think that there are quite a few of us in the same boat, I was hoping for it to push down to $0.02 ($0.60 on consolidation) on disatisfaction - too greedy I was.
The Singaporeans have played a good game - probably up the bid to $0.035 - net working capital of $30m + 5 times EBDITA (5 times is about right for private deals on such sized O&G service companies)
takeover offer @ .032cents, page-6
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